The recommendations will cost the government Rs 1,02,000 crore.
The setting up of the Commission, whose recommendations will benefit about 50 lakh (5 million) central government employees, including those in defence and railways, and about 30 lakh (3 million) pensioners, comes ahead of the Assembly elections in 5 states in November and the general elections next year.
Govt is likely to find it hard to meet deficit target next year.
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 Centre on Wednesday increased the Dearness Allowance (DA) by 3 percentage points effective from July 1 this year, benefitting more than 1 crore employees and pensioners ahead of the Diwali festival. The Union Cabinet has approved to increase Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners by three percentage points of the basic pay/pension ahead of Diwali, Union Minister Ashwini Vaishnaw said after the Cabinet meeting.
The Pay Commission process is symptomatic of a national crisis within the Indian state.
Central pay commissions in the past have usually been set up after every 10 years and the 10-year period of the current sixth central pay commission would be over by 2015.
The Commission will now have time until December 31 to submit its report.
The total salary and pension bill of the central government, which will also include Railway employees, will go up from estimated Rs 4.33 lakh crore to Rs 5.35 lakh crore during 2016-17
Opening up the corner office is fine, but will the government be able to attract talent without giving a market-rate salary?, asks Tamal Bandyopadhyay.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
Mr Jaitley should devise methods to attract better talents at the higher level.
West Bengal and Maharashtra, despite having fewer public sector employees, are likely to face a higher burden of salaries and pensions.
Madhya Pradesh has nearly 750,000 employees who would share the benefit of the pay hike.
Demands include 5-day banking, PF to be calculated on total salary and allowances, not only on basic
A lot has been written about the impact of the recommendations.
Is there a conflict of interest in civil servants having a decisive say on the recommendations made by a Pay Commission or is it time for a new review mechanism, asks A K Bhattacharya.
State governments want the Centre to direct the 14th Finance Commission to compensate states for implementing pay scales, to be recommended by the pay panel.
The hike will benefit about 48.41 lakh central government employees and 62.03 lakh pensioners.
The Centre is expected to increase the dearness allowance by 10% to 100% by the end of February.
This is roughly 70% of the national transporter's budgeted wage bill of Rs 40,435 crore for the current financial year.
The current salary paid by the Delhi government amounts to 17 per cent of the total expenditure.
Funeral and cycles allowances have been retained and revised.
India Inc on said the Seventh Pay Commission set up today for central government employees is likely to lead to additional burden on the exchequer and increase inflation by pushing demand.
There are about 50 lakh (5 million) Central government employees.
Top carmakers, including Maruti Suzuki India, Hyundai and Honda, are expecting a spike in their sales following the implementation of 7th Pay Commission recommendations.
Officials cited the example of the Sixth Pay Commission.
This time, five states, including Tamil Nadu, have requested the Centre to delay the pay hikes.
State employees in Karnataka will have to wait longer for wage hike.
The finance minister may stagger some of the recommendations.
Home and kitchen appliances, electronic products, apparel and B-segment cars stand to gain.
'The Budget that Mr Jaitley will present on February 29 will be crucial.'
Central government employees should not be allowed to earn annual increments if they fail to meet performance criteria.
The notes argue that it will widen the talent base available to govt to deliver increasingly complex services to a demanding population.
The recommendations will benefit 47 lakh central government employees and 52 lakh pensioners.
D&N cites positive changes in momentum in certain segments of economy, but says some areas of concern remain
The law of diminishing returns catches up as one goes up the ladder.
"The amount of both the family pensions will now be restricted to Rs 1,25,000 per month, which is over two and half times higher than the earlier limit," said Singh, the Minister of State for Personnel.
In a general notice, the railways said, 'Such misguided activities are the highest level of indiscipline rendering such aspirants unsuitable for railway/government job. Videos of such activities will be examined...and candidates/aspirants found indulged in unlawful activities will be liable for police action as well as lifetime debarment from obtaining railway job.'
Officers from the rank of Deputy Inspector General (DIG) up to the top-most rank of Director General (DG) in these four forces retired after attaining the age of 60.
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