New
Delhi, July 20: Although the revised recommendations of 7th Pay Commission has
received a formal nod of approval from the Union Cabinet, the gazette
notification for finalizing the salary hike is awaited. Without the official
notification, the salaries received by central government employees on August 1
would not be hiked as per the CPC recommendations. Government has to notify the
new pay scale within 7 days in order to implement the 14.29 percent hike in
basic pay. Although the CPC recommendations were cleared on June 29, the
issuance of official notification was delayed since the government was facing
protest from several employee unions over a range of anomalies related to
allowances. Apart from the pay parity issues, a larger section of the employee
union led by National National Joint Action Committee (NJAC) had demanded the
increase in entry-level salary from Rs 18,000 (as per new recommendations) to
Rs 26,000. The unions had earlier threatened to launch a nationwide strike from
July 11. Nearly 33 lakh central government employees belonging to Post,
Railways and Defence were expected to participate in the protest. However,
following the setup of a High Level Committee by the government to look into
their demands, they deferred their strike by at least four months. 7th Pay
Commission is considered to be, by far, the lowest ever salary hike implemented
in the past 70 years. Including allowances, the hike is only 23.5 percent. The
implementation of CPC recommendations would positively impact a total of 47
lakh government employees, along with 53 lakh pensioners. It would also add an
excessive burden on the Centre. However, Finance Minister Arun Jaitley claims
that the hike in salaries would instead rejuvenate the economy by giving a
inserting a demand-driven bang in the domestic market.
New Delhi, July 20:
Although the revised recommendations of 7th Pay Commission has received a
formal nod of approval from the Union Cabinet, the gazette notification
for finalizing the salary hike is awaited. Without the official
notification, the salaries received by central government employees on
August 1 would not be hiked as per the CPC recommendations. Government
has to notify the new pay scale within 7 days in order to implement the
14.29 percent hike in basic pay.
Although the CPC recommendations were cleared on June 29, the issuance
of official notification was delayed since the government was facing
protest from several employee unions over a range of anomalies related
to allowances. Apart from the pay parity issues, a larger section of the
employee union led by National National Joint Action Committee (NJAC)
had demanded the increase in entry-level salary from Rs 18,000 (as per
new recommendations) to Rs 26,000.
The unions had earlier threatened to launch a nationwide strike from
July 11. Nearly 33 lakh central government employees belonging to Post,
Railways and Defence were expected to participate in the protest.
However, following the setup of a High Level Committee by the government
to look into their demands, they deferred their strike by at least four
months.
7th Pay Commission is considered to be, by far, the lowest ever salary
hike implemented in the past 70 years. Including allowances, the hike is
only 23.5 percent.
The implementation of CPC recommendations would positively impact a
total of 47 lakh government employees, along with 53 lakh pensioners. It
would also add an excessive burden on the Centre. However, Finance
Minister Arun Jaitley claims that the hike in salaries would instead
rejuvenate the economy by giving a inserting a demand-driven bang in the
domestic market.
Read more at: http://potools.blogspot.in/2016/07/7th-pay-commission-latest-news_21.html
Read more at: http://potools.blogspot.in/2016/07/7th-pay-commission-latest-news_21.html
New Delhi, July 20:
Although the revised recommendations of 7th Pay Commission has received a
formal nod of approval from the Union Cabinet, the gazette notification
for finalizing the salary hike is awaited. Without the official
notification, the salaries received by central government employees on
August 1 would not be hiked as per the CPC recommendations. Government
has to notify the new pay scale within 7 days in order to implement the
14.29 percent hike in basic pay.
Although the CPC recommendations were cleared on June 29, the issuance
of official notification was delayed since the government was facing
protest from several employee unions over a range of anomalies related
to allowances. Apart from the pay parity issues, a larger section of the
employee union led by National National Joint Action Committee (NJAC)
had demanded the increase in entry-level salary from Rs 18,000 (as per
new recommendations) to Rs 26,000.
The unions had earlier threatened to launch a nationwide strike from
July 11. Nearly 33 lakh central government employees belonging to Post,
Railways and Defence were expected to participate in the protest.
However, following the setup of a High Level Committee by the government
to look into their demands, they deferred their strike by at least four
months.
7th Pay Commission is considered to be, by far, the lowest ever salary
hike implemented in the past 70 years. Including allowances, the hike is
only 23.5 percent.
The implementation of CPC recommendations would positively impact a
total of 47 lakh government employees, along with 53 lakh pensioners. It
would also add an excessive burden on the Centre. However, Finance
Minister Arun Jaitley claims that the hike in salaries would instead
rejuvenate the economy by giving a inserting a demand-driven bang in the
domestic market.
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Read more at: http://potools.blogspot.in/2016/07/7th-pay-commission-latest-news_21.html
Read more at: http://potools.blogspot.in/2016/07/7th-pay-commission-latest-news_21.html
7th Pay Commission
latest news: Government has to notify within 7 days to implement salary
hike from August : Without the official notification, the salaries
received by central government employees on August 1 would not be hiked
as per the CPC recommendations.
Written By Admin,PoTools on Jul 21, 2016 | 4:55 PM
Also Read:
7th Pay Commission latest news: Government has to notify within 7 days
to implement salary hike from August : Without the official
notification, the salaries received by central government employees on
August 1 would not be hiked as per the CPC recommendations.
UP forms panel to study 7th Pay Commission proposals
The Finance Minister Statement On Multiplication Factor to be revised at
least 3 - 7th Central Pay Commission News
New Delhi, July 20: Although the revised recommendations of 7th Pay
Commission has received a formal nod of approval from the Union Cabinet,
the gazette notification for finalizing the salary hike is awaited.
Without the official notification, the salaries received by central
government employees on August 1 would not be hiked as per the CPC
recommendations. Government has to notify the new pay scale within 7
days in order to implement the 14.29 percent hike in basic pay.
Although the CPC recommendations were cleared on June 29, the issuance
of official notification was delayed since the government was facing
protest from several employee unions over a range of anomalies related
to allowances. Apart from the pay parity issues, a larger section of the
employee union led by National National Joint Action Committee (NJAC)
had demanded the increase in entry-level salary from Rs 18,000 (as per
new recommendations) to Rs 26,000.
The unions had earlier threatened to launch a nationwide strike from
July 11. Nearly 33 lakh central government employees belonging to Post,
Railways and Defence were expected to participate in the protest.
However, following the setup of a High Level Committee by the government
to look into their demands, they deferred their strike by at least four
months.
7th Pay Commission is considered to be, by far, the lowest ever salary
hike implemented in the past 70 years. Including allowances, the hike is
only 23.5 percent.
The implementation of CPC recommendations would positively impact a
total of 47 lakh government employees, along with 53 lakh pensioners. It
would also add an excessive burden on the Centre. However, Finance
Minister Arun Jaitley claims that the hike in salaries would instead
rejuvenate the economy by giving a inserting a demand-driven bang in the
domestic market.
Would you like this post please Register
Read more at: http://potools.blogspot.in/2016/07/7th-pay-commission-latest-news_21.html
Read more at: http://potools.blogspot.in/2016/07/7th-pay-commission-latest-news_21.html
7th Pay Commission
latest news: Government has to notify within 7 days to implement salary
hike from August : Without the official notification, the salaries
received by central government employees on August 1 would not be hiked
as per the CPC recommendations.
Written By Admin,PoTools on Jul 21, 2016 | 4:55 PM
Also Read:
7th Pay Commission latest news: Government has to notify within 7 days
to implement salary hike from August : Without the official
notification, the salaries received by central government employees on
August 1 would not be hiked as per the CPC recommendations.
UP forms panel to study 7th Pay Commission proposals
The Finance Minister Statement On Multiplication Factor to be revised at
least 3 - 7th Central Pay Commission News
New Delhi, July 20: Although the revised recommendations of 7th Pay
Commission has received a formal nod of approval from the Union Cabinet,
the gazette notification for finalizing the salary hike is awaited.
Without the official notification, the salaries received by central
government employees on August 1 would not be hiked as per the CPC
recommendations. Government has to notify the new pay scale within 7
days in order to implement the 14.29 percent hike in basic pay.
Although the CPC recommendations were cleared on June 29, the issuance
of official notification was delayed since the government was facing
protest from several employee unions over a range of anomalies related
to allowances. Apart from the pay parity issues, a larger section of the
employee union led by National National Joint Action Committee (NJAC)
had demanded the increase in entry-level salary from Rs 18,000 (as per
new recommendations) to Rs 26,000.
The unions had earlier threatened to launch a nationwide strike from
July 11. Nearly 33 lakh central government employees belonging to Post,
Railways and Defence were expected to participate in the protest.
However, following the setup of a High Level Committee by the government
to look into their demands, they deferred their strike by at least four
months.
7th Pay Commission is considered to be, by far, the lowest ever salary
hike implemented in the past 70 years. Including allowances, the hike is
only 23.5 percent.
The implementation of CPC recommendations would positively impact a
total of 47 lakh government employees, along with 53 lakh pensioners. It
would also add an excessive burden on the Centre. However, Finance
Minister Arun Jaitley claims that the hike in salaries would instead
rejuvenate the economy by giving a inserting a demand-driven bang in the
domestic market.
Would you like this post please Register
Read more at: http://potools.blogspot.in/2016/07/7th-pay-commission-latest-news_21.html
Read more at: http://potools.blogspot.in/2016/07/7th-pay-commission-latest-news_21.html
