The first meeting of
the Finance Secretary-led committee appointed to look into the allowances
recommended by the 7th Pay Commission is scheduled this week while the payment
of arrears will be paid to central government employees and pensioners in a
single installment along with this month salary.
IANS has reported
quoting Finance Secretary Ashok Lavasa that the committee on allowances will
have its first meeting this week.
The Committee will
submit its report within a period of four months. Till a final decision on
Allowances is taken based on the recommendations of this Committee, all
Allowances will continue to be paid at existing rates in existing pay
structure, as if the pay had not been revised with effect from 1st day of
January, 2016.
"The 7th Pay
Commission examined a total of 196 existing allowances and, by way of
rationalization, recommended abolition of 51 allowances and subsuming of 37
allowances. Given the significant changes in the existing provisions for
allowances which may have wide ranging implications, the Cabinet decided to
constitute a Committee headed by Finance Secretary for further examination of
the recommendations of 7th CPC on allowances," as per the press release
issued by the government after the Cabinet approval to Pay Commission
recommendations.
It was estimated by the
Pay Commission that the additional financial impact on the exchequer due to the
implementation of all its recommendations in 2016-17 will be Rs 102,100 crore.
This apart, it had estimated an additional implication of Rs 12,133 crore on
account of arrears.
With IANS Inputs
