Revision of Pay and Pension- Likely to be delayed-Government Ordered Complete Performance Review and Restructuring of All Autonomous Bodies
AUTONOMOUS BODIES -- REVISION OF PAY AND PENSION --- LIKELY TO BE DELAYED --- GOVERNMENT ORDERED COMPLETE PERFORMANCE REVIEW AND RESTRUCTURING OF ALL AUTONOMOUS BODIES
Ministry of Finance has ordered implementation of the recommendations of Expenditure Management Commission (EMC) on Autonomous bodies, which highlights the need for periodic reviews of the working of Autonomous bodies of Ministries/Departments WITH A VIEW TO EXAMINE THE SCOPE FOR THEIR MERGER, DISENGAGEMENT, CLOSURE OR CORPORATISATION. The General Financial Rules of Government of India (GFR) also provide for periodical review of Autonomous bodies. Copy of GFR enclosed.
In view of the above decision of the Government, there is every possibility of delaying the revision of Pay and Pension of Autonomous body employees and Pensioners.