The chairman of the committee, A K Mathur, sought abolishment of the two-year edge accorded to the IAS officers for empanelment, compared to other services, saying it was an 'archaic concept'.
Currently, an IAS and IFS officer are accorded a pay advantage or financial edge.
The Cabinet on Friday gave mandate to the 7th Pay Commission for revising salaries of over 50 lakh central government employees and remuneration of 30 lakh pensioners.
Raghuram Rajan is said to have informally written to select policymakers and experts, to curb 'unnecessary' speculation over his future at RBI.
The Centre has constituted a five-member expert committee to study various alternatives available to it to decide on a new capital for Andhra Pradesh.
The 7th Pay Commission has recommended more than doubling the 'Military Service Pay' to defence personnel, and suggested that Short Service Commissioned Officers should be allowed to exit the Armed Forces at any point in time between 7 and 10 years of service.
'Instead of doing reforms and restructuring, the present government is busy with the perception that everything is fine and the economy is hunky-dory.' 'Such hollow perceptions are very dangerous for the Indian economy in the long run.' 'The real risk to India is the lack of decent employment opportunities for youth in general and educated youth in particular.'
Several speakers noted that Budget carried the weight of expectations.
Government looking at cushioning slowdown due to demonetisation with sops and higher outlay for micro, small and medium enterprises, agriculture, and affordable housing.
Budget speeches have been replete with incomprehensible and even hilarious statements, says Rathin Roy.
The Pay Commission process is symptomatic of a national crisis within the Indian state.
Lower revenue collection puts upward pressure on government borrowing, ensuring that it deviates from the glided path of debt reduction
The notes argue that it will widen the talent base available to govt to deliver increasingly complex services to a demanding population.
This is a terrible situation for a growing economy to be in, and the central bank would be expected to act to correct the situation.
Senior bureaucrats say the government has planned a 'feel-good' Budget after the 'pain' of demonetisation.
Opportunity for India to take leadership in economic diplomacy.
The Union government has no 'Buy India' policy, but has a 'Buy Air India' policy.
The implementation of their recommendations means that an adequate apparatus to change this is at the disposal of the government.
The Budget is remarkably coherent.
The 7th CPC places the Indian Police Service (and, almost in passing, the Indian Forest Service) on a level with the Indian Administrative Service, leaving the military out in the cold.
The long-term growth perspective or potential for India is one of the highest in the Asia Pacific region.
Union Budget 2015 cuold have included few smaller reforms.
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