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Saturday, February 13, 2016

Uttar Pradesh C.M. assures pay hike

Chief Minister Akhilesh Yadav affirmed the commitment of his government for extending the benefits of the pay hike to state employees following the Seventh Pay Commission report, which is likely to be implemented by the Centre for its employees from April 1.
 “We have to implement the Pay Commission recommendations in the state. The state government will ensure hike in salary, pension and allowances to both retired and serving state employees as soon as the report is implemented by the Centre,’’ the CM assured in Lucknow on Friday.  
Ever since the Second Pay Commission report was tabled in 1960s, most states started following the Central Pay Commission’s recommendations, and announced similar hikes for state staff albeit with some modifications. 
Sources in the Finance department said the implementation of the report would put an additional annual financial burden of over Rs 35,000 crore on the state coffers. They said that the state exchequer could absorb the burden but it would wipe out the revenue surplus estimated to be Rs 28,200 crore in 2016-17. 

Friday, February 12, 2016

7th CPC update : Empowered committee likely to increase basic pay up to 30%

Empowered Committee of Secretaries processing the recommendations of 7th Pay Commission(7thCPC) in an overall perspective, are likely to double the percentage of pay hike recommended by the pay commission.
As per reports, central government employees are likely to expect basic pay hike of around 30%, which will be effective January 1, 2016.

Thursday, February 11, 2016

Central employees on indefinite strike from 11th April

The NJCA met on 08.02.2016 as scheduled. The meeting after taking into account various factors decided that the proposed indefinite strike will commence from 11.04.2016 if no settlement is brought about on the charter of demands by that time. The meeting also took the following decisions.

Sunday, February 7, 2016

Government to address armed forces' concerns over Pay Commission : Defence Minister

The government has studied representations from the armed forces vis-a-vis the 7th Pay Commission and their concerns will be addressed “in the near future”, Defence Minister Manohar Parrikar said on Sunday.

“I have interacted with the three service chiefs and discussed the concerns of the forces. The concerns will be addressed in the near future,” he said on the sidelines of an International Maritime Conference here(Vishakhapatnam).

Saturday, February 6, 2016

Govt. will allot 1.10 Lakh Crore in budget to implement 7th CPC and OROP : F.M.

The Budget 2016 needs to provide Rs 1.10 lakh crore for implementing the One Rank One Pension (OROP) scheme and 7th Pay Commission award, besides a higher allocation for the farm sector, Finance Minister Arun Jaitley said on Friday.
Addressing the Consultative Committee attached to the Finance Ministry, he also said that India has a potential to grow at a much faster pace even as he exuded confidence that fiscal deficit target for the current financial year will be within target.
The 7th Pay Commission in November had recommended an increase in remuneration of about one crore government employees and pensioners, which are estimated to impose an additional burden of Rs 1.02 lakh crore in 2016-17. The new pay scales, subject to acceptance by the government, will come into effect on January 1, 2016.

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