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Saturday, 18 June 2016

Media reports substantial pay hike for central employees

Indian Military Veterans

Govt employees to get  hiked salary from August, arrears in one installment ahead of Dusshera.

 The central government employees and pensioners are likely to get their 6 months of arrears just ahead of the Dusshera festival in October.

As per media report, increased salary of July will be credited to the 47 lakh central government employees and 52 lakh pensioners' accounts on August 1, 2016. But the arrears of last 6 months will be credited in one installment ahead of the Dusshera in October.

As per sources, the Empowered Committee of Secretaries headed by the Cabinet Secretary Pradeep Kumar Sinha has recommended a 30 percent increase in minimum and maximum basic pay structures along with doubling of existing rates of allowances and advances.

The 7th Pay Commission had suggested a maximum basic pay of Rs 2,50,000 and a minimum of Rs 18,000. A 30 percent increase would translate into maximum salary of Rs 3,25,000 and minimum at Rs 23,400, respectively.

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