4 Month Extension to 7th Pay Commission – Finmin issued Notification Department of Expenditure has issued resolution for amending para 5 of the earlier resolution issued on 28.2.2014… भारत का राजपत्र The Gazette of India असाधारण EXTRAORDINARY भाग I-खण्ड-I PART I—Section 1 प्राधिकार से प्रकाशित PUBLISHED BY AUTHORITY वित्त मंत्रालय (व्यय विभाग) संकल्प नई दिल्ली, … Read more
7th Pay Commission may submit its report before 30.9.2015 – DREU Can We Expect 7th CPC Recommendations soon? 7th CPC may not delay its submission Though Central Government decided to extend 4 months life of Pay Commission, it appears that it was in the background of negotiations with Armed Forces Veterans for referring OROP issue … Read more
7th Central Pay Commission – Regularisation of Retirement Age? As the recommendation and implementation of the 7th Central Pay Commission is eagerly awaited by the central government employees, some points in the recommendations are slightly leaking in..It may not be authentically correct. According to information from various sources, the Pay Commission may fix the minimum … Read more
4 Months Extension to 7th Pay Commission – Employees Disappointed With the 18 months time given to the 7th Pay Commission to submit its report coming to an end in August, the Government has given an extension of another four months. The government says that the extension was given because the commission had asked for … Read more
Cabinet Agrees to Give 4 Months Extension to 7th Pay Commission “The cabinet has consented to give four more months for the 7th Pay Commission to submit its report.” Following the request from the 7th Central Pay Commission, the cabinet has given an additional four months’ grace time, according to a government release. The 7th … Read more
Four Month Extension of Term of 7th Central Pay Commission 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. The 7th … Read more
7th Pay Commission, as seen by the economists “All the Economists and Analysts, and not just in India, is discussing the 7th Pay Commission.” Last week, Neelkanth Mishra of Credit Suisse said that there are chances of 40% increase in salary. He also remarked that post-7th Pay Commission, the financial status of Central Government employees … Read more
Multiplication Factor – A Crucial Indicator for determining the Basic Pay of 7th Pay Commission It is well known that Multiplication Factor 1.86 was being used by the 6th Pay Commission to calculate the new revised basic pay. The 6th Pay Commission had initially suggested 1.74, but it was later modified to 1.86. The Multiplication … Read more
30% salary hike confirmed in 7th Pay Commission for CG Employees “The wages of public sector bank employees are revised once every five years. The recent 10th Bipartite wage agreement gave them an increase of 15%.” United Forum of Bank Unions (UFBU) had initially put forth a demand of 21% wage hike. It was only … Read more
Is there any connection between the report of 7th CPC and OROP announcement? “Is there any connection between the submission of report of 7th CPC to Central and the announcement of OROP to Defence Personnel?” The 7th Pay Commission has announced through on its portal last month that the task was given by the Government to the … Read more