The Union Cabinet chaired by the Prime Minister Shri Narendra Modi
approved important proposals relating to modifications in the 7th CPC
(Central Pay Commission) recommendations on pay and pensionary benefits
in the course of their implementation. Earlier, in June, 2016, the
Cabinet had approved implementation of the recommendations with an
additional financial outgo of Rs 84,933 crore for 2016-17 (including
arrears for 2 months of 2015-16).
The benefit of the proposed modifications will be available with effect
from 1st January, 2016, i.e., the date of implementation of 7th CPC
recommendations. With the increase approved by the Cabinet, the annual
pension bill alone of the Central Government is likely to be Rs.1,76,071
crore. Some of the important decisions of the Cabinet...