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 – Changes in Allowances, HRA may Get Cabinet Approval on June 28
- 7th Pay Commission Pay Fixation after obtaining Promotion or MACP increment
- 7th Pay Commission – Update on Modi, Jaitley Meet, Unrest Increases – Employees Union Prepare Pledge
- 7th Pay Commission Pension on Notional Pay – Ready Reckoner to calculate 7th CPC pension from your 4CPC to 6CPC Pension
- 7th Pay Commission – Modi, Jaitley meet, revised allowances from July, HRA at 27 per cent
- 7th Pay Commission – Cabinet Secretary Assured for Very Good Benchmark – Mishra
- 7th Pay Commission Allowances will be cleared by Cabinet within this month – AIRF
- 7th Pay Commission Defence Pay Matrix revision by Govt – CGDA Instructions
- 7th Pay Commission – Cabinet gives Allowance Approval a miss in Jaitley’s Absence
- 7th Pay Commission – Recommendations of 7th CPC on Bunching of Stages in Revised pay Structure
- 7th Pay Commission Bunching and increments withheld till detailed instructions issued by Finance Ministry
- 7th Pay Commission – Jaitley Leaves for four Days Visit to Korea – Cabinet Meeting on 7th CPC may not take place Today (Hindi Version)
- 7th Pay Commission – All eyes on Cabinet Meeting Today – Will Govt Employees suffer HRA loss of Rs 15,000
- Inordinate delay in revision of 7th Pay Commission Allowances – Human Chain to be orgainsed
- 7th Pay Commission – Cabinet to meet E-CoS to Discuss Allowance – Clarity on Arrears await
- 7th Pay Commission Pay Fixation for Employees granted MACP from 1st January 2016
- Incorrect fixation of pay in the Non-Functional for Pharmacist
- 7th Pay Commission – Cabinet Postpones Meet – Here is What Happens Next on Allowances and HRA
- 7th Pay Commission – Crucial Cabinet Meeting Likely Today to Discuss HRA and Higher Allowances
- 7th Pay Commission – Higher Allowances, HRA, What Government Employees can Expect this Week