New Delhi: The Seventh Pay commission will give a big boost to 50 lakh serving central government employees and 55 lakh pensioners to submit its final report to Finance Minister Arun Jaitley on pay hike.
The Seventh Pay Commission will submit its report to Union Finance Minister Arun Jaitley on Thursday.
The eyes of the central government employees will be firmly glued on the Seventh Pay Commission report, which will be submitted tomorrow at 19:30 hours .
“We are ready with the report and will submit it on November 19,” the Seventh Pay Commission’s Chairman Justice A K Mathur told PTI.
The Seventh Pay Commission, headed by Justice A K Mathur, was appointed by the previous UPA government in February 2014 for 18 months. Its terms was extended in August 2015 by four months till December 31, 2015. The recommendations of the commission would be implemented from January 1, 2016.
The Seventh Pay Commission, which is likely to recommend an average hike of 15% of basic salary in respect of the pay structure of central government employees.
A central government employee’s basic salary comprises Pay Band (PB) with Grade Pay (GP).
Accordingly, the pay commission recommendations may also help central government employees to fight with the growing inflation.
The expected the seventh pay commission recommendations may also result in a decent increase in the salaries of employees working in states’ government.
A senior Union minister said that central government is ready to accept the Seventh Pay Commission recommendations from the budget of the next year.
The commission had recommended several changes like proposing higher HRA and other allowances,allowing work from home for disabled and women employees, hiking pay with efficiency, reducing Grade Pays, linking pay with productivity, performance-based increment, no increment and promotion without computer test, proposal for introducing health insurance and cutting down the number of gazetted holidays to three.
However, The Seventh Pay Commission didn’t take a major decision of the lowering of the retirement age for central government employees to 58 years old, two years earlier than what the present law requires.
But all things get cleared tomorrow after the submission of the Seventh Pay Commission’s report.