As per Hindu Businessline News the Cabinet approved terms of
reference for seventh pay commission. This includes merging dearness allowance
above 50 per cent with basic pay. The excerpt of Hindu Businessline News is
reproduced below:
Ahead of general election, the Centre today took key
decisions to woo minorities and Government employees.
For minorities, the Cabinet has decided to form equal
opportunity commission as suggested by Sachhar Committee. This commission will
suggest ways to ensure equal opportunities in jobs, education and even finding
house on rent for minorities. The commission is expected to be constituted
soon.
Terms of reference for 7th pay
commission
In order to benefit over 50 lakh employees and over 30 lakh
pensioners, the Cabinet also approved terms of reference for
seventh pay commission. This includes merging dearness allowance above 50 per
cent with basic pay. Currently DA is around 90 per cent of basic pay and
another hike of 10 per cent is expected soon. DA is calculated on the basis of
change in retail inflation.