Saturday, January 14, 2017

Central Govt. clears air on salary revision of autonomous bodies, Statutory bodies etc.

Wage revision of Central autonomous bodies, quasi-Govt. organizations etc. has not been implemented so far despite of seventh CPC implementation for Central Govt. employees. The employees of these organizations are asking pay revision in line with the central counterparts.
Ministry has Finance has clarified that the pay revision of these organizations will not take effect automatically. The concerned body will have to effect the same with approval of the financial advisor of the concerned Dept./Ministry and in cases where the organizations are not dependent on Govt. about salary payment, they will bear the additional burden themselves. In other cases where they are partially or fully dependent on Central Govt., shortfall to meet the additional burden may be borne by Govt. , subject to certain conditions.
Ministry of Finance has also clarified the the allowances which are not yet hiked for the central employees, pending decision of Govt., may not be increased for these bodies as of now.
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