MPs Demand for 100 Percent Pay hike Incidentally, there is no pay commission to look into MPs salaries and they themselves are entitled to increase their salaries and perks. MPs Demand for 100 Percent Pay hike – A joint committee on salaries and allowances of Members of Parliament (MPs) under BJP MP Yogi Aditya Nath … 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 expressed its regret about transition from OPS to NPS 7th Pay Commission expressed its regret about transition from Old Pension Scheme to New Pension Scheme in its report. 2004-2011 Entrants : Government employees who have joined service between 2004 and 2011 have suffered due to delay in finalizing the structure of the … Read more
7th Central Pay Commission: How 2016 is different vs 2008 for macros and markets Global financial services major UBS in a report said investors are complacent about any potential change in India’s policy framework, especially in the backdrop of 7th Central Pay Commission. The brokerage expects CPC to negatively impact government’s fiscal consolidation path and … Read more
Implementation of 7th Pay Commission to impact govt’s fiscal math: Deutsche Bank NEW DELHI: Implementation of the Seventh Pay Commission recommendations is likely to exert pressure on the government’s fiscal finances and inflation trajectory going forward, says a Deutsche Bank report. According to the global financial services firm, the government is likely to meet its … Read more