Tuesday, May 10, 2016

7th pay commission: Central govt employees to get single-tier pay band



New Delhi: With the delay in implementation of 7th pay commission, every day the media gets abuzz with some information on its recommendation and on the various ways in which it can benefit crores of Central government employees.
Fresh in the buzz is that the review committee, which was set up to study the recommendations of the 7th pay commission is likely to propose a simpler pay structure.

This will make the pay band more understandable. As per media reports the review committee has suggested that the new pay structure be a single-tier band, where the component of the salary will not be made up in two parts as is the practice — one is the pay band and the other being the additional grade pay.

The government had set up the high-powered panel headed by Cabinet 
Secretary P K Sinha to process the recommendations of the 7th Pay Commission which will have bearing on the remuneration of 47 lakh central government employees and 52 lakh pensioners.

The government has earlier stated that implementation of new pay scales recommended by the 7th Pay Commission is estimated to put an additional burden of Rs 1.02 lakh crore, or 0.7 percent of GDP, on the exchequer in 2016-17.

Source : Zee News

1 comment: