New Delhi, July 17: The much awaited hiked salary of Central Government employees will be credited to their official salary account bu August 1, 2016, as the recommendations made by 7th Pay Commission was approved on June 29 by Narendra Modi government. More than 47 lakh Central Government employees eagerly waiting for the hike will get 14.27 per cent hike in the basic pay and not 23.5 per cent.Also Read - Himachal Pradesh Statehood Day: CM Jai Ram Thakur Announces Benefits for Employees, Pensioners; 31 Per Cent DA

The hike in allowance has been delayed by at least four months. For which the government has formed a high level committee headed by Finance Minister Ashok Lavasa to re-examine the hike in HRA, NP, DA and many other allowances for the employees. (Also Read: 7th Pay Commission latest news: Akhilesh Yadav forms high level committee to look into salary hike of Central Government employees) Also Read - 7th Pay Commission: Central Govt. Employees Likely To Get Higher DA, HRA | Complete Details Here

As per reports, the salaries government employees would receive from August 1, would be hiked by 14.27 per cent, without any allowances. Which technically makes it a lowest ever salary hike implemented by any Pay Commission since independence. Also Read - 7th Pay Commission: House Rent Allowance Likely To Increase by 3% For Govt Employees Soon, But Here’s The Catch

On June 29, Central government had set up a high level committee to examine the anomalies in the 7CPC recommendations related to allowances. The committee will also consider the demand made by Central Government Employees Union leaders to increase minimum wage from Rs 18,000 to Rs 26,000. (Also Read: 7th Pay Commission latest news: Central Government employees may get HRA hike ranging between 106 to 122 per cent)

The implementations of 7CPC which was done almost six months after Justice A K Mathur and his team submitted its findings and it will positively impact a total of 47 lakh central government employees, along with 53 lakh pensioners. The notification of the salary hike will be issued by the government by the end of this week.