Live Hindustan website has published an article in Hindi about the 7th Pay Commission. For our readers convenient, we have translated the content of the article and given below for your ready reference….
7th pay commission – basic pay will be Rs.15000!
There is no possibility for the central Government employees to receive any big bonanza in the 7th Pay commission. If the formulas are to be believed, then the range of increase may be from 15-20%. Whereas the best information is that the minimum wage may be fixed at 15 thousand. The pay commission may fix the employee’s maximum service period at 33 years. This may not be agreeable for the employees.
As per high official sources the pay commission has completed the discussion with all stakeholders and now is engaged in providing final touches to its recommendations. Within the next two months, the commission will submit its report to the government. India has received reliable information on three issues on which the pay commission has almost prepared its opinion.
The first effort of Pay commission is to keep the increase in salary between 15-20 percent. If you see the sixth pay commission then the increase in salary was between 60-70 percent. But the 7th pay commission believes that after the big increase given in the 6th pay commission, there is no scope for further increase to that extent.
Secondly, the 7th Pay commission is going to recommend that the maximum service period for a employee be fixed at 33 years. It means that if any employee gets employed at the age of 20, he /she will retire at 53 years of age. The rest of the employees will have their retirement age at 60 years whereas maximum requests made by employees to the Pay commission has demanded an increase in the retirement age. The employees expect the retirement age to be increased to 62.
As per the formulas, the third issue will be the possibility of fixing the minimum basic pay at Rs.15000/-.
The previous Pay commission had increased the amount from 3050 to 7730. Now there is a possibility of this being increased to Rs.15000/-. By this account, there is a expectation that the young employees will be having maximum benefits from the recommendation of the Pay commission.
The chart of basic pay
1946 First Pay commission the basic pay Rs.35/-
1959 Second pay commission basic pay Rs.80/-
1973 Third pay commission basic pay Rs.260/-
1986 Fourth Pay commission basic pay Rs.950/-
1996 Fifth Pay commission basic pay Rs.3050/-
2006 Sixth Pay commission Rs.7730/-
Original article from www.livehindustan.com