7th CPC update : Empowered committee likely to increase basic pay up to 30%
Empowered Committee of Secretaries processing the recommendations of 7th Pay Commission(7thCPC) in an overall perspective, are likely to double the percentage of pay hike recommended by the pay commission.
As per reports, central government employees are likely to expect basic pay hike of around 30%, which will be effective January 1, 2016.
The 7th central pay commission in its report submitted in November 2015 had recommended a pay hike of 23.55% for central government employees, with the highest basic salary at Rs 250,000 and the lowest at Rs 18,000.
The employees have been protesting that the hike in totality is only 14.27%, the lowest in 70 years., and are mulling over to go on an indefinite strike from 11 April.
Arguably, even the 6th CPC had recommended a 20 percent hike on the basic pay, which was revised to 40 percent at the time of implementation in 2008.
The 7th CPC , with its recommendations, is expected to cause an annual burden of Rs 1.02 lakh crore on the exchequer, which would last for two to three years.
The notification to announce the pay commission award is expected in the budget.
Source : Zee News
Click the image to calculate your new basic pay…
Similar Posts:
- 7th Pay Commission Latest NEWS – Empowered Committee Meeting may be held Today
- 7th Pay Commission: Lower rank employees to get highest percentage salary hike
- 7th Pay Commission recommendations cleared by government
- 7th Pay Commission – Minimum Pay 23,400,Maximum Pay 3,25,000,Double Rate of Allowances & Advances are in Empowered Committee’s Bag: Media Report
- 7th Pay Commission: Government To Soon Hike HRA