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Govt sets up panel to study 7th Pay Commission’s recommendations

The implementation of the ne pay scales is estimated to put an additional burden of Rs 1.02 lakh crore on the exchequer in 2016-17.

Government today decided to set up a high-powered panel headed by Cabinet Secretary P K Sinha to process the recommendations of the 7th Pay Commission which will have bearing on the remuneration of 47 lakh central government employees and 52 lakh pensioners.

The Cabinet has approved the setting up of Empowered Committee of Secretaries to process the recommendations of 7th Pay Commission in an overall perspective, Parliamentary affairs Minister M Venkaiah Naidu told reporters here.

The implementation of the new pay scales is estimated to put an additional burden of Rs 1.02 lakh crore on the exchequer in 2016-17. Subject to acceptance by the government, they will take effect from January 1, 2016.

Source:http://indianexpress.com/article/india/india-news-india/govt-sets-up-panel-to-study-7th-pay-commissions-recommendations/


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