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| The net figure would provide the government the leeway to add another 5-7 per cent increase
The net increase is likely to be in the range of 22 per cent after
subsuming the current 119 per cent dearness allowance in the new basic
and grade pay scale.
The Seventh Pay Commission is likely to recommend a net increase of 22
per cent over the current pay package of Central government employees
with a 15 per cent raise in basic pay and up to 25 per cent jump in
allowances.
 “The
net increase is likely to be in the range of 22 per cent after
subsuming the current 119 per cent dearness allowance in the new basic
and grade pay scale,” sources said. They said the net figure would
provide the government the leeway to add another 5-7 per cent increase —
as was done on the last two Pay Commission recommendations — to take
the eventual raise to nearly 30 per cent.
The final figure, however, could be a tad below the 35 per cent hike
employees got on implementation of the Sixth Pay Commission in 2008.
“That time the situation was different. There was buoyancy in revenue
collections. Now revenue receipts have become stagnant,” an official
said.
The recommendation, which will become effective after a Cabinet nod,
will impact 50 lakh Central government employees and 54 lakh pensioners.
Sources said they expected the entire approval process to take another
four months, at least, with the likelihood of its implementation by June
next year.
However, since the hike in salaries is effective from January 2016, the
arrears until June could be hived off as employees’ savings into the
pension fund. “The Controller General of Accounts is already considering
options for investment of Seventh Pay Commission arrears,” said an
official
Source : http://indianexpress.com/article/india/india-news-india/22-per-cent-pay-hike-for-central-staff-could-go-up-to-30-pay-panel-proposal/
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