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 – Committee on Allowances yet to submit Report on higher Allowances, next meeting on March 28
- 7th Pay Commission Allowances Committee Report not submitted yet – Minister reiterates
- 7th Pay Commission – If Government fails to hikeAllowances from April 1, they will invite agitation of Employees, says NJCA Chief
- 7th Pay Commission – How Media is Playing with the agonies of the CG Employees
- 7th Pay Commission – From Higher Allowance to Implementation where does the story Stands
- 7th Pay Commission – AIIMS Nurses go on mass Casual Leave Today – Demanding better Wages
- 7th Pay Commission – DOPT prohibits the Central Government Employees from participating in any form of strike
- 7th Pay Commission – Government tells Parliament that decision on Allowances will be taken soon
- 7th Pay Commission – CG Employees may have to wait longer for higher Allowances
- Implementation of 7th Pay Commission report to Armed Forces Personnel
- 7th Pay Commission Allowances Committee yet to submit its report to Govt – Minister replies in Parliament
- 7th Pay Commission – The Mystery Continues – Lavasa Panel has submitted the Report to the Finmin or not?
- 7th Pay Commission – As Budget session starts today, Jaitley may announce hike in Allowances
- 7th Pay Commission Pay Fixation Anomaly resulting in less pay to seniors
- 7th Pay Commission – Central Employees To Get Higher Allowances From April 1 – Finmin
- 7th Pay Commission – Centre to raise Dearness Allowance (DA) by 2 per cent from January 1
- 7th Pay Commission – एचआरए (HRA) पर फैसला अब सरकार के हाथ में – कर्मचारी नेताओं ने यह कहा
- 7th Pay Commission – MP के कर्मचारियों को बड़ी सौगात – एरियर्स समेत मिलेगा 7वां वेतनमान
- 7th Pay Commission – Committee on Allowances submits HRA report to Government
- 7th Pay Commission – Transport Allowance not likely to be hiked