New Delhi: The
central government is likely to announce 7th Pay Commission award for its 48
lahk employees and 52 lakh pensioners, in a bid to ease the inflationary
pressure, official sources said.
The 7th pay
commission recommendations are not helpful for maintaining central government
employees employees’ living standard, Finance Ministry sources told The Sen
Times on Tuesday.
They had also
said the salaries of government employees should increase which would give them
some financial comfort, a step they had hoped might be taken within in June,
when government will announce 7th Pay Commission award with major changes.
Sources in the
Prime Minister’s Office (PMO) said Prime Minister Narendra Modi may make a
formal announcement on 7th Pay Commission award in June.
The government
has a plan to constitute a permanent pay commission, but Finance Ministry
officials are in doubt whether it will be succeeded.
They also said
the Finance Minister Arun Jaitley is likely to approve the proposal of review
committee, which will propose minimum pay Rs 21,000 and maximum a round Rs
2,50,000 to Rs 2,70,000 to help central government employees cope with the
inflation.
This will cost
the exchequer Rs 1.02 lakh crore. However, in the Budget 2016 proposal, the
government provided Rs 70,000 crore for the implementation of Seventh Pay
Commission.
“The Finance
Minister Arun Jaitley promised that the government will implement the 7th Pay
Commission award in this financial year,” sources said.
The government
has made allocation in the current fiscal’s budget to meet the 7th Pay
Commission award which will require the government to spend Rs 1.02 lakh crore
in addition to existing regular salary.
The 7th Pay
Commission headed by Justice A K Mathur recommended on November 19, the highest
basic salary at Rs 250,000 and the lowest at Rs 18,000 and its increased the
pay gap between the minimum and maximum from existing 1:12 to 1:13.8, while all
pay commissions made up pay gap between employees and officers from second Pay
Commission 1:41 ratio to Sixth pay commission 1:12.
A 13 member a
secretary-level Empowered Committee or review committee headed by Cabinet
Secretary P K Sinha was formed in January to review Pay Commission’s report before
cabinet nod.
0 comments:
Post a Comment