Seventh Pay Commission likely to be implemented soon, within few days

The government is likely to soon announce the implementation of Seventh Pay Commission

 that would hike the salaries and allowances for over 1 crore government employees and

pensioners by at least 23.5 per cent.

A Committee of Secretaries headed by Cabinet Secretary P.K. Sinha has submitted

its report on the recommendations of the Seventh Pay Commission which may be accepted,

 a financial ministry official said.

Based on the panel’s report, the Finance Ministry is preparing a Cabinet note and

 the issue may come up for approval by the Cabinet as early as June 29.

“Committee of Secretaries (CoS) has finalised its report on Pay

 Commission recommendations…

We will soon (file) draft Cabinet note based on the report,” Finance Secretary

Ashok Lavasa said here on Monday.

The government had in January set up a high-powered panel headed by Cabinet Secretary

to process the recommendations of the 7th Pay Commission which will have bearing

on the remuneration of nearly 50 lakh central government employees and 58 lakh pensioners.