Chances of implementation of 7th Pay Commission report in FY 2016-17
Chances of implementation of 7th Pay Commission report in FY 2016-17 – Budget 2015 documents indicates
“7th Pay Commission impact may have to be absorbed in 2016-17” – Says Medium Term Fiscal Policy papers presented by Finance Minister
Budget 2015 documents such as Para 12 and 42 of Medium Term Fiscal Policy for further 3 years, and Para 23 of Fiscal Road Map indicate the Chances of implementation of 7th Pay Commission in the Financial Year 2016-17.
7th CPC was formed in February 2014 with the time of 18 months for submission of its report. We could also see that 7CPC is already in full swing in examining the pay structure and service conditions of various cadres of Central Government Employees, Railway Employees and Defence Services personnel.
It has conducted as many as 38 meetings with organisations that represent employees, servicemen and pensioners at many places in India. Oral evidences of leading federations such as Confederation of Central Government Employees, AIRF, NFIR etc are also to be recorded soon as possible. As such we may expect that 7th Pay Commission may submit its report in time. Sixth Pay Commission also submitted its report within stipulated time of 18 months
DA of central government employees has already crossed 100%. Previous Pay Commissions have merged entire DA with pre revised pay and also provided fitment benefit up to 40%. In these lines, we may expect that 7th CPC pay would be at least 2.5 times of Pre revised pay as on 01.01.2016. As DA rate would start at Nil rate once 7th Pay Commission is implemented, net increase in pay of Central Government Employees including Railways is expected to be 40%.
Considering the recent pay hike of 15% approved for Bank Employees in the recent Bipartite Wage Settlement which is due every four years, 40% pay hike for Central Government Employees can be rightly justified since their pay revision is due evey ten years.
While Govt is yet accept the 6th CPC’s recommendations for Performance Related Increment System (PRIS), 14th Finance Commission has recently recommended for productivity based Pay Fixation. In these circumstances it is up to 7th Pay Commission to moot out performance based pay fixation for Central Government Employees.
Check the following links for more information of 7th Pay Commission
- 7th Pay Commission: After no pay hike, here is more bad news for CG employees
- 7th Pay Commission increment given in two dates – Illustration
- 7th Pay Commission: Indian Railways revises rates for employees
- Payment Of Gratuity (Amendment) Bill Passed In Parliament
- 7th Pay Commission MACP Pay fixation – MACP Calculator
- 7th Pay Commission: Latest update, bad news, no pay hike in near future
- 7th Pay Commission: Here’s what could hinder additional pay hike in April
- Delhi University council nod for 7th pay commission
- 7th Pay Commission protest: Salary hike demand forces 50,000 government employees to strike; full listing of demands
- 7th Pay Commission minimum Pay and fitment factor – No proposal for revision
- 7th Pay Commission: From protest before Parliament to salary hike
- 7th Pay Commission: Railways Employees to March to Parliament For Higher Minimum Pay
- Tripura to form expert committee on 7th Pay Commission
- 7th Pay Commission – Govt Mulling to review the Salary of Central Government Employees Every Year
- 7th Pay Commission – hangs fire even as dearness allowance (DA) has been hiked
- Maharashtra govt to clear 7th Pay Commission arrears this year
- 7th Pay Commission – Surge in number of MHA staff between 2010-2014
- 7th Pay Commission – Odisha Government Implements 7th CPC for PSU Employees
- Waiting for 7th pay commission benefits, agricultre scientists hold protest
- 7th Pay Commission – Over 8.77 lakh Gujarat government employees to get arrears from March 2018