7th Pay Commission: Top 2 developments before Budget 2017 raise hopes for Central government employees
The finance ministry seems better placed now after demonetisation to decide on raising allowances as recommended by the 7th Pay Commission.
With the dust at least partly settled over demonetisation and the subsequent disruption at the finance ministry, there seems to be renewed cheer among Central government employees of a decision on allowances as recommended by the 7th Central Pay Commission (CPC). Two developments in this regard are worth taking note of, even as Budget 2017 is about a month away.
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As has been reportedly earlier, the second amnesty scheme for tax defaulters — Pradhan Mantri Garib Kalyan Yojana, 2016 — estimated to net the Modi government a substantial amount, the financial outgo of Rs 1,02,100 crore no longer seems to be a hurdle.
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