7th Pay Commission: Double bonus for Government employees – salary hike from August, six month arrears in October – Social Media
Around 47 lakh Central Government
employees are eagerly awaiting the salary hike, along with the 52 lakh
pensioners who are expecting a significant increase in the monthly
pension provided to them.
New Delhi, June 16: As per the
latest updates related to 7th Pay Commission, the government is likely
to give a double bonus for those working under the central government.
According to reports, the Commission has decided that salaries would be
hiked from August 1 and six months arrears will be paid to the employees
in one installment in October.
As per the recent developments,
the government has already started working to credit the hiked salaries
in the accounts of employees from August 1, 2016. Around 47 lakh Central
Government employees are eagerly awaiting the salary hike, along with
the 52 lakh pensioners who are expecting a significant increase in the
monthly pension provided to them which was also promised by Narendra
Modi government.
The Seventh Pay Commission will
be implemented from July and the increased payout will be credited in
employee’s’ account on August 1.
On Thursday a news report
suggested that the six months arrears from January to July will be
handed before Dussehra festival which is in October.
An unidentified official working
with the commission was quoted by The Financial Express saying,
“Central government employees could get the revised pay-scales with
their July salaries that would be credited on August 1?.
There was a meeting held on
Tuesday where Cabinet Secretary P K Sinha along with other Empowered
Committee of Secretaries sat for few hours and submitted its final
report. Report suggest that, Secretaries Panel in its final report has
recommended 30 per cent hike which is more than what was proposed by the
pay panel i its November report.
The commission had earlier
recommended a minimum monthly basic salary of Rs 18,000 and maximum of
Rs 2,50,000. With the 30 per cent hike the minimum basic monthly pay
will be Rs 23,500 and the maximum will be Rs 3,25,000. The new reforms
will directly impact the Central Budget by Rs 73,650 crore and the
Railway Budget by Rs 28,450 crore.
Source : India.com
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