7th Pay Commission sets entry-level pay in government jobs at Rs 18,000
Defence Academy Coimbatore A leading coaching academy for Sainik, Military and RIMC Schools, NDA, IMA, AFCAT SSB, FSB Interview http://www.ssbcoaching.com call 094437 20076
7th Pay Commission sets entry-level pay in government jobs at Rs 18,000
NEW DELHI: Giving a grand bonanza to government employees and pensioners, finance minister Arun Jaitley on Wednesday said that the government has accepted the recommendations of the 7th Pay Commission. "Government by and large accepts recommendations of 7th pay panel," Jaitley said.
With the implementation of the 7th pay panel, government salaries are now distinctively higher than the private sector. Therefore, there should not be any more complaints or protests, Jaitley said at the press conference.
Earlier in the day, the Union Cabinet had approved the panel's recommendations with minor changes.
The hike in basic salaries, which will benefit around one crore government employees and pensioners, will be implemented retroactively, from January 1, 2016 and the arrears will be paid this year. While the salaries and allowances will rise by at least 23.5 per cent, the entry-level pay will increase from Rs 7,000 to Rs 18,000.
The pay panel has estimated that the implementation of its recommendations could result in an additional burden of Rs. 1.02 lakh crore to the exchequer.
"Among the beneficiaries include 47 lakh government employees and 53 lakh pensioners. Out of this there will be 14 lakh serving defence personnel and 18 lakh pensioners among the defence personnel," Jaitley said.
The pay panel had in November last year recommended 14.27 per cent hike in basic pay at junior levels, 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.
One of the key changes suggested by the pay commission has been the 'New Pay Structure', under which the existing system of pay bands and grade pay will be ejected and a new pay matrix will be brought in to bring about more transparency.
With the implementation of the 7th pay panel, government salaries are now distinctively higher than the private sector. Therefore, there should not be any more complaints or protests, Jaitley said at the press conference.
Earlier in the day, the Union Cabinet had approved the panel's recommendations with minor changes.
The hike in basic salaries, which will benefit around one crore government employees and pensioners, will be implemented retroactively, from January 1, 2016 and the arrears will be paid this year. While the salaries and allowances will rise by at least 23.5 per cent, the entry-level pay will increase from Rs 7,000 to Rs 18,000.
The pay panel has estimated that the implementation of its recommendations could result in an additional burden of Rs. 1.02 lakh crore to the exchequer.
"Among the beneficiaries include 47 lakh government employees and 53 lakh pensioners. Out of this there will be 14 lakh serving defence personnel and 18 lakh pensioners among the defence personnel," Jaitley said.
The pay panel had in November last year recommended 14.27 per cent hike in basic pay at junior levels, 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.
One of the key changes suggested by the pay commission has been the 'New Pay Structure', under which the existing system of pay bands and grade pay will be ejected and a new pay matrix will be brought in to bring about more transparency.
To join the defence forces
we offer you coaching for
Sainik, RMS, RIMC, NDA, SSB Interview
call 094437 20076
Comments
Post a Comment