Recommendation made to center Govt. Employees in hiking their salary in 7th pay commission

Justice AK Mathuer has made recommendations to central govt. employees which may be accepted by govt. in coming days.
This commission suggested 10% less hike in salary this time .It was 35% hike in 6th pay commission where as 23.5% growth is only made this time.
It is no doubt that employees and pensioners will be benefited but increase in salary may put over burden on our total GDP .Salary may hike 16%,allowances may be 63% and pension can be 24% if government accept it. Our finance minister has earlier told that It will cost 1% of total GDP. Ultimately govt. will have to generate new sources to fulfill the commission ‘s recommendations. About 39000crore on salary,29000 crore on allowances where as 34000 crore will spent on pension.

Recommendation made to center Govt. Employees in hiking their salary in 7th pay commission

Recommendation made to center Govt. Employees in hiking their salary in 7th pay commission

In this regard implementation secretariat has been made under expenditure secretary.

Report also recommended that minimum salary of govt. employee should be 18000 thousands and maximum can be up to 2.5 lakh per month.This report is about 900 hundred pages made by running across the country.

Recommendation made to center Govt. Employees in hiking their salary in 7th pay commission

Few major points regarding report are:–
1.Any category scale at present can be multiplied by 2.57 to
Check your new pay scale
2.Yearly increment will be 3%.
3.Graduity will be now double 20 lakh.
4.Healthy insurance scheme are also recommended.
5.Panel also suggested to merge pay band and grade pay and decided to give increment 3% annually.
6.Panel also recommended retirement age 60 years.
7.As the DA will go up 50% the gratuity will also increase to 25%.
8.Monthly deduction Rs.120 to 5000rs risk cover of insurance will be 1.2 lakh to 50,000 lakh Rs.
9.Home lone range is recommended from7.5 lakh to 25 lakh.
10.Commission also recommended PRP (performance related pay ) on the bases of ACR, quality result frame work,.It will be given in the form of bonus scheme.
Now it is the govt. panel under secretary expenditure who will study it thoroughly.

www.7cpc.india.gov.in