7th Pay Commission likely to submit its final report on November 20 : Times of India
NEW DELHI: The 7th Central Pay Commission is likely to submit its final report to finance ministry on November 20 which is due for implementation from January 1, 2016.
More than 48 lakh serving central government employees and 54 lakh pensioners will be impacted by the 7th CPC which is likely to recommend an average hike of 15%, said a source.
The 900-page report is believed to have made suggestions on parity of 36 organized Group A services with the IAS which has so far largely dominated in superior positions in the central government.
The pay panel was constituted in February 2014 and was asked to submit its report within 18 months. However, in August the government gave the panel four months extension to submit its report by December.
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7th Pay Commission Minimum Pay 21000 and Fitment Formula from 2.86 to 3.15
1.THE PAY COMMISSION SHOULD WORK OUT THE WAGES DEPENDING ON THR REQUIREMENT FOR MINIMUM OF 5 PERSONS IN THE FAMILY BASED ON THE RETAIL PRICES AT LEAST FOR THE LAST 5 YEARS AND ANTICIPATED FOR THE NEXT FIVE YEARS AS PER THE PRESENT TREND OF THE PRICE SPIRAL.
2.THE SALARIES SHOULD BE COMPARABLE WITH THE PRIVATE SECTOR AND SHOULD BE MORE THAN THAT SINCE THE ACTUAL TALENT WILL ONLY BE GETTING THE CHANCE TO JOIN THE GOVERNMENT SERVICE.
3.THE GOVERNMENT SERVANTS ARE RESPONSIBLE FOR THE NATION BUILDING WORKING UNLIKE THE PROFIT ORIENTED PRIVATE SECTOR.
It seems matter has been hijacked by ias lobby