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*********

Wednesday, August 26, 2015

Seventh Pay Commission's term extended for four months - upto 31.12.2015

Seventh Pay Commission's term extended for four months - upto 31.12.2015

Adding frustration to millions of central Govt. employees and pensioners, cabinet extended the tenure of seventh CPC upto 31st December 2016. In different media reports it was indicated earlier that the term would extend for one month but now the wait becomes much more longer.
It can also be guessed that new pay scale is not going to be operational from 01.01.2016 as proposed earlier. After the submission of report it will take at least three months for the Govt. to analyse and approve the pay hike. So central Govt. employees and pensioners can expect the pay hike only in the next financial year.
Cabinet decision regarding extension of seventh CPC is published below :

Extension of the term of the 7th Central Pay Commission
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for the extension of the term of the 7th Central Pay Commission by four months up to 31.12.2015.

Background:

The 7th Central Pay Commission was constituted by the Central Government on 28.2.2014. According to the Resolution dated 28.2.2014, by which the Commission was constituted, it is to make its recommendations within 18 months of the date of its constitution that is by 27th August, 2015.

In view of its volume of work and intensive stake-holders' consultations, the 7th Central Pay Commission had made a request to the Government for a four month extension up to 31.12.2015. 

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">