BREAKING NEWS

BREAKING NEWS ""**Expected DA for Bank Employees from Aug 2024 MINIMUM 7 SLAB AND MAXIMUM 24 SLAB*****I *****

VISITOR FROM WORLD

Free counters!

YOU ARE VISITOR

Blog Archive

LIVE

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Saturday, August 15, 2015

Media report hints 26% hike in 7th CPC, report expected in September

Media report hints 26% hike in 7th CPC, report expected in September

"Overall, the commission has decided that the extent of rise in pay for all central government staff would, on average, be about 26 per cent. But here too, the commission is learnt to have favoured going back to the Fifth Pay Commission award of making pay scales attached to posts instead of retaining the innovative pay bands system introduced by the Sixth Pay Commission. It has also decided to remove the slight edge in pay structure of IAS officers as compared to other central service officers."

"The Commission has already overshot the time frame for submitting its report on a revised salary structure for central government employees, which was due in August. It is now likely to submit the report by September-end"
"Employees of the Indian Railways have demanded the benefits of the One Rank, One Pension (OROP) policy if the Centre implements the scheme for defence services personnel. They have made this pitch in their discussions with the Seventh Pay Commission. Speaking to The Indian Express, Shiva Gopal Mishra, general secretary of the All India Railwaymen’s Federation, the largest railway union in the country, acknowledged the demand. “The principle of OROP should be applicable to the railway employees also if the same is accepted for the defence services by the pay commission. We sympathise with their demand and feel it should be extended,” he said."
"The demand by railway employees for OROP could lead to demands from other civilian services as well, even as the bill for meeting the demand from the defence services is still being firmed up. At 1.33 million, railway employees form the single largest chunk from among any ministry or department of central government staff. Their salary and allowance bill for 2015-16 is estimated at Rs 62,410 crore, or almost 42 per cent of the total bill of Rs 1,49,524 crore as per budget figures. While the Seventh Pay Commission, in its internal deliberations, is understood to have not taken a favourable view of the OROP because of the financial implications, any formal examination of the same will have to depend on the government’s position on the issue. The government is now expected to set up a committee on the issue."

No comments:

33.9 million Jobs: Good News! India plans to add 33.9 million jobs by 2028

33.9 million Jobs : India’s workforce is anticipated to expand from 423.73 million in 2023 to 457.62 million by 2028, adding a net gain of a...

script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js">