The Empowered Committee of Secretaries which submitted its report on higher allowances and HRA as per the 7th Pay Commission has also recommended a hike. It is to been seen if the Cabinet will take up the matter on Wednesday and clear all the proposals made by the E-CoS. If the hikes are good, then there is expected to be a rush to fill up the vacancies. Union Finance Minister Arun Jaitley had said in his budget speech that the government intends to bring in 2.83 lakh jobs vacancies. The same would be generated by next year.
The Pay Scale The 7th Pay Commission which was okayed by Prime Minister Narendra Modi recommended a host of measures. 14.27 percent hike will be provided in the basic pay including 138.71 per cent hike in housing allowance (HRA) and 49.79 per cent for other allowances. The Commission also recommended doing away with 53 of the 196 allowances the government employees get besides moderation in several others.
Rs 29,300 crore to be set aside The overall hike in allowances is expected to add a burden of Rs 29,300 crore. This would mean under HRA it would be Rs 17,200 crore and Rs 12,100 crore under other allowances. The government is working out the modalities and is expected to announce some good news which the employees have been waiting for all these months.
CommentsComment