RBI has projected a direct impact of the latest pay commission recommendations The implementation of the Seventh Central Pay Commission (CPC) awards can have a significant bearing on the inflation trajectory through both direct and indirect channels, with the housing and transportation sectors projected to see the biggest impact of the potential increase in the … Read more
7th Pay Commission: Reasons of delay in implementation 7th Pay Commission: Here are the reasons why govt delaying implementation of ‘increment’ process New Delhi, April 9: Central Government employees must be wondering why Centre is taking so much time to implement Seventh Pay Commission recommendations. It’s already four months since Pay Commission had submitted its … Read more
7th Pay Commission: who is going to benefit from pay hike! 7th Pay Commission: Guess who else is going to benefit from central govt employees’ pay hike! It is not just Central government employees eagerly anticipating implementation of the 7th pay commission and take home higher monthly pay package. Your next-door real estate agent, car … Read more
7th Central Pay Commission and the Arrears “In the past, since the Pay Commission recommendations were enforced with years of retrospective effect, the government had refused to release the arrears for allowances” The Pay Commission for Central Government employees is constituted once every ten years to revise their pay and allowances. The previous Pay Commission … Read more
Biggest news of 2016 for Central Government pensioners Most readers would be aware that the orders regarding calculation of pension of pre-2006 retirees based on minimum of pay within the pay band for each separate grade/rank and not on minimum of the pay band itself, with arrears from 01-01-2006 rather than 24-09-2012, were issued for … Read more