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HINDU BUSINESS LINE
7th CENTRAL PAY COMMISSION
ANNOUNCED BY THE GOVERNMENT
Prime Minister Manmohan Singh has given his nod for setting up the seventh Central Pay Commission, Finance Minister P. Chidambaram said today.
Allowing about two years for the seventh pay commission to submit its report, the recommendations are likely to be implemented with effect from January 1, 2016, Chidambaram said in a statement here.
The average time taken by a Pay Commission to submit its report has been around two years.
The sixth Central Pay Commission recommendations were implemented from January 1, 2006.
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NDTV NEWS
7th Pay Commission for central govt employees announced
Prime Minister Dr. Manmohan Singh today approved the constitution of the 7th Pay Commission, which is likely to impact at least 85 lakh central government employees and pensioners.
"Its (7th Pay Commission's) recommendations are likely to be implemented with effect from January 1, 2016," Finance Minister P. Chidambaram said in a statement.
The setting up of the Commission comes ahead of the Assembly elections in five states this year and the general elections next year.
The government constitutes Pay Commission every 10 years to revise the pay scales of its employees and often these are adopted by states after some modification.
The names of the chairperson and members, as well as the terms of reference, of the Pay Commission will be finalised and announced shortly, the Finance Minister added.
The recommendations of the sixth Pay Commission were implemented from January 1, 2006; fifth from January 1, 1996, and fourth from January 1, 1986.
There are at present around 50 lakh central government employees and 35 lakh pensioners, who stand to benefit from the recommendations from the Pay Commission.
Exp:55%
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