Wednesday, March 15, 2017
Friday, March 10, 2017
"Allowance committee did not submit report yet " - Govt reply in Loksabha
"The Committee on Allowances has been constituted vide order dated 22.07.2016. The Committee is to examine the recommendations of the 7th CPC in regard to various allowances having regard to the representations made by the Staff Associations and the suggestions of the concerned Ministries/Departments and make recommendations as to whether any changes in the recommendations of the 7th CPC are warranted and if so, in what form."
"The Committee has not submitted its report to the Government. The deliberations of the Committee are in the final stages. Decisions on implementing the Report will be taken after the Report is submitted by the Committee."
As stated by SHRI ARJUN RAM MEGHWAL, MINISTER OF STATE IN THE MINISTRY OF FINANCE in Loksabha on 10th March 2017
Lavasa Committee yet to finalize report
"The Committee has not submitted its report to the Government. The deliberations of the Committee are in the final stages. Decisions on implementing the Report will be taken after the Report is submitted by the Committee."
As stated by SHRI ARJUN RAM MEGHWAL, MINISTER OF STATE IN THE MINISTRY OF FINANCE in Loksabha on 10th March 2017
Lavasa Committee yet to finalize report
A panel headed by Finance Secretary Ashok Lavasa and tasked with examining the 7th Pay Commission’s (7th CPC) recommendations on allowances has been unable to reach a conclusion in its last scheduled meeting last Friday. It will now have a few more meetings before submitting its report to Finance Minister Arun Jaitley, Business Standard has learnt.
In late June last year, after implementing the CPC proposals on salary and pension for the central government’s 4.7 million employees, Jaitley had announced the Lavasa panel would examine the suggestions on allowances. It had time till October to give the report but this got delayed. The decision on allowances was postponed because the CPC wanted a number of these to be abolished or subsumed. Employee unions were opposed.
“There were no conclusive decisions taken at the meeting last Friday. There will be some more meetings. For now, the panel is not ready to give its report to the Finance Minister,” said a senior government official aware of the developments.
It was earlier reported that the panel would submit its recommendations to the government’s political leadership soon and the Centre could announce revised allowances any time after March 11, the day of counting the votes for the five Assembly polls, and probably before the second half of the Budget Session of Parliament ends. That timeline now seems doubtful.
Thursday, March 9, 2017
All eyes on FM for announcement on higher allowances for central employees
With the second part of the Budget session in Parliament starting today, all eyes are on Finance Minister Arun Jaitley who may just announce a hike in allowances for Central government employees.
The Committee on Allowances has already submitted its report to the Finance Ministry in which it has reviewed the recommendations of the Seventh Pay Commission on allowances.
The Committee under Finance Secretary Ashok Lavasa is believed to have suggested that the house rent allowance be kept as it is and not brought down as recommended by the Seventh Pay Commission.
The pay hike under the Seventh Pay Commission has been the lowest in the last 70 years and a decrease in allowances is unlikely to go down well with nearly 50 lakh government employees.
Wednesday, March 1, 2017
Consumer Price Index for Industrial Workers (CPI-IW) — January, 2017
The All-India CPI-IW for January, 2017 decreased by 1 point and stood at 274 (two hundred and seventy four)
Central D.A. from January 2017 :
As predicted earlier, Central Govt. employees to get D.A. @ 2% with effect from January 2017. Hence the total D.A. payable will be 4%. Of course formal announcement is awaited, which may take place likely in later part of this month.
Central D.A. from January 2017 :
As predicted earlier, Central Govt. employees to get D.A. @ 2% with effect from January 2017. Hence the total D.A. payable will be 4%. Of course formal announcement is awaited, which may take place likely in later part of this month.
Report of 3rd Pay Revision Committee for CPSEs
Grade /
Level Pre-revised Revised
w.e.f. 1.1.2007 w.e.f. 1.1.2017
Min. Max. Min. Max.
Below Board Level Executives:
E0 12600 - 32500 30000 - 120000
E1 16400 - 40500 40000 - 140000
E2 20600 - 46500 50000 - 160000
E3 24900 - 50500 60000 - 180000
E4 29100 - 54500 70000 - 200000
E5 32900 - 58000 80000 - 220000
E6 36600 - 62000 90000 - 240000
Board Level Executives:
Director (Sch-D) 43200 - 66000 100000 - 260000
CMD (Sch-D) 51300 - 73000 120000 - 280000
Click here for fullReport of 3rd Pay Revision Committee for CPSEs
w.e.f. 1.1.2007 w.e.f. 1.1.2017
Min. Max. Min. Max.
Below Board Level Executives:
E0 12600 - 32500 30000 - 120000
E1 16400 - 40500 40000 - 140000
E2 20600 - 46500 50000 - 160000
E3 24900 - 50500 60000 - 180000
E4 29100 - 54500 70000 - 200000
E5 32900 - 58000 80000 - 220000
E6 36600 - 62000 90000 - 240000
Board Level Executives:
Director (Sch-D) 43200 - 66000 100000 - 260000
CMD (Sch-D) 51300 - 73000 120000 - 280000
Click here for fullReport of 3rd Pay Revision Committee for CPSEs
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