Prime Minister Narendra Modi on Monday
directed the Finance Ministry to implement the 7th Pay Commission
recommendations, results of which could be termed as a huge bonanza for lakhs
of government employees. The move will be cleared in the Cabinet meeting which
will take place on Wednesday.
A total of 98
lakh employees i.e. 47 lakh central government employees and 52 lakh pensioners - will benefit from the move.The employees are likely to get a hike of 15-20
per cent. The implementation of the new pay scales is estimated to put an
additional burden of Rs 1.02 lakh crore on the exchequer in 2016-17. Subject to
acceptance by the government, it will take effect from January 1, 2016. The
Budget document has stated that "the implementation of the Seventh Pay
Commission due from January 1, 2016 is to be implemented during fiscal year
2016-17 as also the revised One Rank One Pension (OROP) scheme for Defence
services". The Finance Ministry has provisioned for this in the Demands
for Grants for individual departments and ministries. It is built and subsumed
into those allocations. In January, the government had set up a high-powered
panel headed by Cabinet Secretary PK Sinha to process the recommendations of
The Empowered Committee of Secretaries which will function as a Screening
Committee to process the recommendations with regard to all relevant factors of
the Commission in an expeditious detailed and holistic fashion.
Faced with the burden of Pay Commission recommendations, there
were concerns on whether the government would be able to stick to the fiscal
deficit target of 3.9 per cent for 2016-17.
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