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7th Pay Commission Latest News Today: Centre Announces Decisions to Benefit Central Government Employees – Details Inside
7th Pay Commission Latest News: The Centre is leaving no stone unturned to please the Central Government employees, who are waiting for a hike in minimum pay and fitment factor beyond 7th Pay Commission recommendations, ahead of Lok Sabha Elections 2019.
7th Pay Commission Latest News: The Centre is leaving no stone unturned to please the Central Government employees, who are waiting for a hike in minimum pay and fitment factor beyond 7th Pay Commission recommendations, ahead of Lok Sabha Elections 2019. In this regard, the Narendra Modi-led government has taken a series of decisions.
Here are some decisions taken by the Centre for benefit of CG employees:
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- The Narendra Modi-led Central government has recently approved a hike of up to 300 per cent in allowance that the CG employees get for handling cash and treasury. Earlier, the allowance for handling cash up to Rs 50,000 was Rs 750 while it was Rs 450 for cash up to Rs 2 lakh and so on. After the new norms, the allowance has been subsumed to two categories i.e, Rs 700 for handling cash up to Rs 5 lakh and Rs 1,000 for cash up to Rs 5 lakh.
- In another major decision, the Board of Indian Railways gave nod to 200 per cent hike in the running allowance of its employees. This means that their salaries will see an increase of up to Rs 12,000 to Rs 25,000 per month.
- The running allowance of loco pilots and assistant loco pilots has also been increased. Earlier, it was Rs 255 for every 100 km, but now it stands at Rs 520.
- The Central Government employees can also expect the Centre to make some major announcement on February 1 when the Union Budget 2019 will be presented. If reports are to be believed, some good news is in store for over 50 lakh CG employees, demanding a hike in minimum pay and fitment factor.
- The Central government has also approved a proposal to extend the 7th Central Pay Commission or 7th CPC to the teachers and other academic staff of the state government and government-aided degree level technical institution in the country.
As far as the demands of 50 lakh central government employees are concerned, Minister of State for Finance reportedly denied that the Centre is mulling over a proposal for an increase in fitment factor beyond 7th Pay Commission recommendations for the CG employees . With the statement, MoS (Finance) P Radhakrishnan has dashed the hopes of 50 lakh Central government employees and an equivalent number of retirees, , for the second time in a matter of 10 months. Last time it was in March, 2018 that he had made a similar claim.