Cost of wage revision – for workmen : Rs. 3385 cr (Out of the total of Rs. 7898 crores).
Amount allocated for Basic Pay, DA, Spl. Pay, PQP : Rs. 495 crores
For other payslip components : Rs. 2890 crores
Pay Scales: Proposals on revised Pay Scales were discussed and looking to overall cost, it was decided to finetune the same and finalise the payscales. It was agreed that one more stagnation increment would be granted both to clerical and substaff.
DA: 0.07% per slab of 4 points over 6352 points of CPI
Special Pay, PQP, FPP – being revised on the same basis as revision in Basic Pay.
Special Allowance: From our side, we suggested that the existing rate of Special Allowance should be revised substantially upward but within the cost and it was decided to take a final decision in this regard in the next meeting since the same has to be synchronised with officers.
Revision in HRA, Transport Allowance and Medical Aid: After finalising the percentage of Special Allowance , these items would be finalised.
Non financial items: Most of the items as already discussed during the earlier meetings were reiterated and confirmed. Few remaining items will be finalised shortly