7th Pay Commission for Railways – Financial Implication
7th Pay Commission for Railways – The estimated additional financial impact of 7th Pay Commission on Railways is around Rs.15,000 crore – Minister’s reply to Rajya Sabha regarding Financial Implication
Rajya Sabha ustarred Question – Minister furnishes Financial Implication of 7th Pay Commission
GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
UNSTARRED QUESTION NO.2704
ANSWERED ON 24.03.2017
IMPLICATIONS OF IMPLEMENTATION OF SEVENTH PAY COMMISSION
2704.SHRI MOHD. ALI KHAN:
Will the Minister of RAILWAYS be pleased to state:
(a) whether it is a fact that implementation of the Seventh Pay Commission recommendations has serious financial implications on Indian Railways, if so, the estimated additional financial implication over staff and pensioners; and
(b) whether Railways are planning to take up rationalisation of manpower in view of the financial implications, if so, the details thereof?
MINISTER OF STATE IN THE MINISTRY OF RAILWAYS
(SHRI RAJEN GOHAIN)
(a) The estimated additional financial impact of 7th Pay Commission on Railways is around Rs.15,000 crore (Rs 8,000 crore for staff and Rs. 7,000 crore for pensions). The Railways would be able to absorb the 7th CPC impact in 2016-17 within its resources.
(b) Manpower Planning is a continuous process and involves review of staff through work-studies, change in nature of work etc. No separate rationalization is proposed consequent upon the 7th Pay Commission.
Source: Rajya sabha