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 – Crucial Meeting on Hike in Minimum Pay – Scheduled Today
- 7th Pay Commission implementation related Grievances – Govt to discuss with Staff Side Today
- 7th Pay Commission implementation for Fire Fighting Staff
- 7th Pay Commission – Central Govt Employees Demand change of Definition of Anomaly
- 7th Pay Commission – Employees Regret Acceptance of MACP by the Govt
- 7th Pay Commission – Is the Revised HRA Enough?
- Fixation of pay for Assistant Secretaries as per 7th CPC recommendations
- 7th Pay Commission – Frustrated Employees Demand Mechanism used in Nandas tenure
- 7th Pay Commission – Enhanced Incentives Proposed for CG Employees Acquiring Higher Qualification
- 7th Pay Commission recommendations for Electronic Data Processing Staff
- 7th Pay Commission – The Painful Anxiety Still Continues for Autonomous bodies and Boards
- 7th Pay Commission – JCM Meeting on October 24 & 25 – Most Crucial
- 7th Pay Commission – Govt Cornering Employees Deserved Money by Delaying Implementation
- 7th Pay Commission – Central Government Employees Fed up – As Govt Crawls on Allowances, Wage Revision Issues
- 7th Pay Commission – Discussing Armed Forces Anomalies with PM – Parrikar
- 7th Pay commission Pension Option – Brief of meeting held
- 7th Pay Commission Advances – Details of Advances retained and abolished
- 7th Pay Commission Impact – PNB Makes Home, Auto Loans Attractive for Govt Employees
- 7th Pay Commission – Discussions on Allowances to be held on 13th October
- 7th Pay Commission – Festival & several other advances to CG Employees AXED