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 – CG Employees may have to Wait till January for Allowances
- Observation of BPMS on 7th Pay Commission Allowances Meeting held on 18.11.2016
- 7th Pay Commission Arrears Income Tax Relief Calculator 2016-17
- 7th Pay Commission related issues to be considered by Government Committee
- 7th Pay Commission – No Pay hike for non performing employees – Govt Accepts the Recommendation
- 7th Pay Commission – Weekly Work Report to Decide Annual Increment
- 7th Pay Commission – Final touches given to Allowances of CG Employees may soon see Disbursal
- 7th Pay Commission allowances Committee Meeting – Govt may finalise allowances – Staff Side JCM reports
- 7th Pay Commission – House Rent Allowance may Increase – New Formulation Seems to be on the Pipeline
- 7th Pay Commission – Employees Provident Fund may be raised to Rs 25,000
- 7th Pay Commission – CG Employees Suffer in Cross Fire – Implementation bound to be delayed
- 7th Pay Commission – Govt may not appoint any High Level Committee to Examine the Minimum Pay
- Poor 7th Pay Commission Pay and allowances – Central Govt Employees disappointed
- 7th Pay Commission Commutation of Pension on the basis of Option – Railway Board Order
- 7th Pay Commission – Cabinet may nod this month – May Accept 7th cpc Recommendations – No Hike expected
- 7th Pay Commission Minimum Pay and multiplication factor – NFIR demands intervention of PM
- Agenda Items for National Anomaly Committee to be convened by Govt
- 7th Pay Commission – Govt, Union unable to Solve the Minimum Pay Issue & Fitment Formula – Strike Seems Inevitable
- 7th Pay Commission minimum pay and fitment formula related commitment given by Govt
- 7th Pay Commission Minimum Pay and Fitment Formula – Confederation prepares for Strike