7th Pay Commission: Govt employees
likely to get huge pay checks by June-July 2016.
Central government employees' wait
to get higher salaries under the 7th Pay Commission will be over in two months.
As per a CNBC-TV18 report, hefty
payouts are likely to happen between early June and late July this year.
Quoting government officials, the
report said that the Empowered Group of Secretaries will likely to accept the
pay commission's recommendations on salaries and pension payouts.
It may be recalled that the
government had set up a 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 implementation of the new pay
scales is estimated to put an additional burden of Rs 1.02 lakh crore on the
exchequer in 2016-17. Subject to acceptance by the government, they will take
effect from January 1, 2016.
Source : Zee News
