7th Pay Commission decoded: Know all about salary increment; past pay commissions
New Delhi, Sept 24: 7th Pay Commission is ready using its recommendations and it's going to soon submit its are accountable to Finance Ministry. The recommendations have to be implemented from The month of january 1, 2016. The Central Government employees have to be curious to understand what all are within the store for them within the 7th pay commission's advice. 7th pay commission It absolutely was formed by earlier UPA Government. The actual commission, headed by simply Justice A K Mathur was made in February 2014. The opposite members of this commission are Vivek Rae, a retired IAS officer of 1978 order, and Rathin Roy, an economist. Meena Agarwal is Secretary of the Commission.
The committee's advice are scheduled for taking effect from 1 The month of january, 2016. The government constitutes the Pay Commission nearly all 10 years in order to revise the shell out scale of its employees and frequently these are followed by states after some modifications. Nearly 48 lakh central government employees as well as 55 lakh pensioners will probably be befitted by this pay commission. Wage increment Reportedly, there can be a substantial increment in the current salary of this employees (around 30-40 per cent). It have been proposed that the salary of the Government employees need to be increased every season on July 1.
The committee's advice are scheduled for taking effect from 1 The month of january, 2016. The government constitutes the Pay Commission nearly all 10 years in order to revise the shell out scale of its employees and frequently these are followed by states after some modifications. Nearly 48 lakh central government employees as well as 55 lakh pensioners will probably be befitted by this pay commission. Wage increment Reportedly, there can be a substantial increment in the current salary of this employees (around 30-40 per cent). It have been proposed that the salary of the Government employees need to be increased every season on July 1.
Major recommendations According to Dainik Bhaskar exceptional report, IPS, IAS and IRS . GOV rank officers' pay band will probably be made equal. At present IPS, IRS officials get less wage than IAS. Many experts have proposed that recent 32 pay-bands need to be decreased to 13 Pertaining to Pay band-1, the minimum salary will probably be 21, 200. The Cabinet secretary will get minimum 2 lakh wage. There could always be an education allocation to employees whose offspring come in the school. With last pay commission(6th), this minimum basic wage was increased in order to Rs 6660 coming from Rs 2550. Experts are getting views that staff members of lower rank will probably be benefited the most in the 7th pay commission Financial burden 7th pay commission is sure to bring a toll within the exchequer For the reason that Government has to regulate OROP's expenditures also.
Experts say that Central government's salary bill will rise by 9.56% to Rs 1,00,619 crore after Seventh pay commission will come into effect According to Mint report, as a result of the recommendations of the Sixth Pay Commission, pay and allowances of Union government employees became more than doubled between 2007-08 and 2011-1-from Rs.74,647 crore to Rs.166,792 crore Past pay commissions and the minimum basic salary First pay commission came in year 1946 and the basic salary at that time was decided to be of Rs 35 Second pay commission came in year 1959 and basic salary was of Rs 80 In 1973, third pay commission came into effect which decided the basic salary of Rs 185 Fourth pay commission came in year 1986 which recommend basic salary of Rs 750 In year 1996, fifth pay commission came, recommending basic salary of Rs 2550 Sixth pay commission came into effect in year 2006. UPA Government at that time fixed minimum basic salary of Rs 6660
Retirement Age Controversy Begins Again
Last week typically the most popular website for CG Employees, gservants.com has published a write-up about the referrals of 7th CPC, as unconfirmed news. Within this, 7th CPC might recommend for minimize in age involving retirement of CG Employees are going to be in two considerations. The retirement age because the completion of thirty three years of support, or at age 60, whichever will come first. The panic was further improved by similar claims on Facebook and Whatsapp also, because the considerations for retirement as at age 58 or finish of 33 decades.
On the internet, this condition has been distorted as thirty three years of support or 58 years old, whichever comes initial. This caused great worry to all because the 60/33 tip would affect only people that had joined your service before age 26, but the 58/33 rule would bring about all those that had joined after age 28 to lose 2 yrs of service. Also worth noticing is the fact that the service period is incredibly short in such instances.
Nobody is sure yet in the event the 7th Pay Commission should include the recommendations on retirement in its report to the government. But, discussions were held for this issue. There isn't a information about when the decision will possibly be implemented.
Before May possibly 1998 – 58 Years
After May possibly 1998 – 60 Years and …!
Reducing 60 to 58 is similar to ‘losing the sword and growing your tail. ’.