Committee of
Secretaries has finalised its report on 7th CPC recommendations: Finance
Secretary
Committee of
Secretaries has finalised its report on 7th CPC recommendations. We will soon
draft Cabinet note based on the report: Finance Secretary
The government is
likely to soon announce the implementation of Seventh Pay Commission that would
hike the salaries and allowances for over 1 crore government employees and
pensioners by at least 23.5 per cent.
A Committee of
Secretaries headed by Cabinet Secretary P.K. Sinha has submitted its report on
the recommendations of the Seventh Pay Commission which may be accepted, a
financial ministry official said.
Based on the panel’s
report, the Finance Ministry is preparing a Cabinet note and the issue may come
up for approval by the Cabinet as early as June 29.
“Committee of Secretaries (CoS) has finalised its report on Pay Commission recommendations... We will soon (file) draft Cabinet note based on the report,” Finance Secretary Ashok Lavasa said here on Monday.
The government had in
January set up a high-powered panel headed by Cabinet Secretary to process the
recommendations of the 7th Pay Commission which will have bearing on the
remuneration of nearly 50 lakh central government employees and 58 lakh pensioners.
The Pay Commission had
recommended 23.55 per cent overall hike in salaries, allowances and pension
involving an additional burden of Rs 1.02 lakh crore or nearly 0.7 per cent of
the GDP.
The panel recommended a
14.27 per cent increase in basic pay, the lowest in 70 years. The previous 6th
Pay Commission had recommended a 20 per cent hike which the government doubled
while implementing it in 2008.
The 23.55 per cent
increase includes hike in allowances.
The entry level pay has
been recommended to be raised to Rs 18,000 per month from current Rs 7,000
while the maximum pay, drawn by the Cabinet Secretary, has been fixed at Rs 2.5
lakh per month from current Rs 90,000.
Sources said the
secretaries’ panel may have recommended higher pay increase, with minimum entry
level pay at Rs 23,500 a month and maximum salary of Rs 3.25 lakh.
While the Budget for
2016-17 fiscal did not provide an explicit provision for implementation of the
7th Pay Commission, the government had said the once-in-a-decade pay hike for
government employees has been built in as interim allocation for different
ministries.
Around Rs 70,000 crore
has been provisioned for it, officials said.
Mr. Lavasa said the
Seventh Pay Commission report will be effective from January 1.
This news was published
in 'The Hindu' on 27.06.2016
http://www.thehindu.com