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Home» News»20% pay hike possibly for government servants

20% pay hike possibly for government servants

Saheli 28 Jun 2016 News Comments Off on 20% pay hike possibly for government servants 1 Views

NEW DELHI: The Centre is likely to announce the implementation of the seventh pay fee recommendationssoon after a panel headed by means of cabinet secretary P ok Sinha to have a look at the proposals submitted its record.
“Committee of secretaries has finalised its file on pay commission pointers… we will soon draft acupboard note based totally on the record,” finance secretary Ashok Lavasa stated. governmentsources said the notion is likely to be taken up by the cupboard later this week.
“we can quickly announce it. The boom might be a little below 20%,” a source said but did not tricky. The Centre has stated adequate provisions have been made within the 2016-17 budget to soak up theimpact suggestions.
In November remaining yr, the seventh pay fee had recommended a 23.55% growth in pay and allowances, a 24% upward push in pensions and one-rank-one-pension for relevant employees and paramilitary employees – envisioned to price the government Rs 1.02 lakh crore in 2016-17.

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