Sixth Pay Commission: Govt notifies sixth Pay Panel report
NEW DELHI: Over 50 lakh government employees, including the armed forces personnel, will be receiving an enhanced pay packet beginning September 1, with the government on Friday notifying the revised recommendations of the Sixth Central Pay Commission (CPC).
The much-awaited CPC had received a seal of approval from the union cabinet a fortnight ago after it amended certain recommendations of the Justice Sri Krishna-led Pay Commission that submitted its report to the government on March 24 this year.
Earlier, the government said it will pay its 50 lakh strong workforce an additional Rs 11,000 crore over the pay hike of Rs 30,000 crore, including arrears recommended by the Sixth Pay Commission in March.
The modification of the Pay Commission award will cost the exchequer an additional Rs 5,000 crore towards annual wages and Rs 6,000 crore towards arrears, said Expenditure Secretary Sushma Nath.
The original recommendations of the Sixth Pay Commission would have entailed an additional expenditure of Rs 12,000 crore in annual wage bill and Rs 18,000 crore towards arrears.
However, prompted by the protest from several quarters, including representations from the defence forces, the government appointed a high-powered committee under the chairmanship of Cabinet Secretary K M Chandrasekhar to suggest improvement in the Pay Commission award.
Tags: Sixth Central Pay Commission (CPC),6th Central Pay Commission (CPC),Sixth Pay Commission,6th Pay Commission,Sixth Pay Commission News,Sixth Pay Commission Latest News
Source: http://economictimes.indiatimes.com
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