7th Pay Commission on its way! All you need to know about pay commissions
New Delhi, Sept 7: All the Central Government employees will soon get a big gift as Centre is planning to implement the seventh pay commission’s recommendations from January, 2016.
Recently Modi Government gave extension to the committee which was formed to fine tune the different aspects of pay commission. Seventh pay commission
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It was formed by previous UPA Government. The commission, headed by Justice A K Mathur was formed in February 2014. The other members of the commission are Vivek Rae, a retired IAS officer of 1978 batch, and Rathin Roy, an economist. Meena Agarwal is Secretary of the Commission. The committee’s recommendations are scheduled to take effect from 1 January, 2016. The government constitutes the Pay Commission almost every 10 years to revise the pay scale of its employees and often these are adopted by states after some modifications. Nearly 48 lakh central government employees and 55 lakh pensioners will be befitted by the pay commission. What will be the basic salary? It is being said that all government employees will get around 15-16 per cent hike after it comes into effect. Reportedly, employees’ minimum basic salary will be increased to Rs 15, 000 In last pay commission(6th), the minimum basic salary was increased to Rs 7730 from Rs 3050. Experts are having views that employees of lower rank will be benefited the most from the seventh pay commission