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Reading: 7th Pay Commission Revised Pay, Modi Govt to give Diwali Bonanza to armed forces
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Home – Finance

7th Pay Commission revised pay
FinanceIndia

7th Pay Commission Revised Pay, Modi Govt to give Diwali Bonanza to armed forces

Ankita Sharma
Ankita Sharma Published October 14, 2016
Last updated: 2016/10/14 at 1:07 PM
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7th Pay Commission revised pay  of Govt Staff: It has been ordered by the Controller General of Accounts  to its officials to check if the pay for the govt staff is in tune with the 7th Pay Commission. If any excess is being paid, it shall be recovered.

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Modi Govt to give Diwali Bonanza to armed forces7th Pay Commission revised pay

The central govt had previously accepted the recommendation of the commission pertaining to at least one promotion of govt employees in 10 years time period on Wednesday. It was recommended in “Modified Assured Career Progression” (MACP) by the 7th Pay Commission.

7th Pay Commission revised pay

However, the benchmark has been made more stringent in the MACP by the commission. The centre has also agreed to implement the recommendation by the 7th Pay Commission for a 2.57 times hike in the basic salary of the govt employees from next year. Figures rounding Rs 56,000 crore has been paid as wage arrears for the month of August.

Modi Govt to give Diwali Bonanza to armed forces

The Modi Government has decided to disburse 10 percent arrears to the armed forces as said by a financial daily. The Indian soldiers will get an interim payment before October 30. However, the armed forces are still not happy with the government as some of their demands have still not been met, despite the fact that the Defence Minister Manohar Parrikar had promised that the anomalies will be taken care of.

7th Pay Commission revised pay

“It would be necessary to ensure the pay fixation consequent upon the revision of the pay structure that has been correctly done with reference to the orders of the government.”

– Controller General of Accounts

The CGA, in a new memorandum, has asked the Controller of Accounts in various departments to check the pay fixation and make sure that it is in tune with the orders passed.

7th Pay Commission revised pay

However, the General Secretary of the Confederation of the Central Govt employees, Mr P.S. Prasad has mentioned the points where 7th Commission has been missing out. He has said that while computing the minimum wage of the central govt employees the commission has given Rs 18,000 as the figure. And he has pointed out that various perks such as education of children, medical expenses, old age funds etc actually accounted for 15%, a provision for 25%.

He further added that if these provisions are entirely taken care of, the minimum wage rate will reach at Rs 20,000. And in case, the actual retail prices as in July 2015 are taken into account the minimum wage rate will be further moved to Rs 36,000.

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TAGGED: CGA, Comptroller General of Accounts, Confederation of the Central Govt Employees, india, MJ Joseph

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Ankita Sharma October 14, 2016
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