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Saturday 16 July 2016

Gazette Notification for implementation of 7th CPC

Gazette Notification for implementation of 7th CPC

Comrades,
There are lot of discussions about the date of Gazette Notification for implementation of 7th CPC & Office Memorandum, It usually takes about 15 to 20 days after cabinet approval of the pay commission report .Let us examine the 6th CPC dates.

The union cabinet gave its approval for implementation of the recommendations of the Sixth Central Pay Commission on 14th August 2008.

Gazette Notification for implementation of 6th CPC was issued on 29th August 2008 & Office Memorandum was issued on 30th August 2008, after 16 days after cabinet approval

The 7th CPC

The union cabinet gave its approval for implementation of the recommendations of the Seventh Central Pay Commission on 29th June 2016.

Hence the Gazette Notification for implementation of 7th CPC & Office Memorandum is likely issued in next week.
Comradely yours
(P.S.Prasad)
General Secretary
Source : http://karnatakacoc.blogspot.in/
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7th Pay Commission: Check out! New salary of PRT, TGT and PGT teachers

7th Pay Commission: Check out! New salary of PRT, TGT and PGT teachers

New Delhi: Check out the revised salary of PRT, TGT and PGT teachers as per 7th Pay Commission recommendations, approved by the Union Cabinet on June 29.

7thCPC-teacher-salary

All PRT, TGT and PGT teachers are now fall under Pay Band 9,300-34,800.

Pay Band 9,300-34,800 (In Rupees)
Grade Pay4200
PRT/JBT (Primary Teacher)
4600
TGT (Trained Graduate Teacher)
4800
PGT (Post Graduate Teacher)
Entry
Pay (EP)
135001714018150
Level678
Index2.622.622.62
1354004490047600
2365004620049000
3376004760050500
4387004900052000
5399005050053600
6411005200055200
7423005360056900
8436005520058600
9449005690060400
10462005860062200
11476006040064100
12490006220066000
13505006410068000
14520006600070000
15536006800072100
16552007000074300
17569007210076500
18586007430078800
19604007650081200
20622007880083600
21641008120086100
22660008360088700
23680008610091400
24700008870094100
25721009140096900
26743009410099800
277650096900102800
287880099800105900
2981200102800109100
3083600105900112400
3186100109100115800
3288700112400119300
3391400115800122900
3494100119300126600
3596900122900130400
3699800126600134300
37102800130400138300
38105900134300142400
39109100138300146700
40112400142400151100
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7th CPC recommendations will have no impact on the fiscal deficit in the current fiscal year

7th CPC recommendations will have no impact on the fiscal deficit in the current fiscal year

The implementation of the 7th Pay Commission’s recommendations will have no impact on the fiscal deficit in the current fiscal, as budgetary provisions are enough to meet the estimated outgo of Rs 60,400 crore in FY17, a senior official said.

With the government broadly accepting the pay- and pension-related recommendations of the Pay panel, over one crore central government staffers and pensioners will get an additional Rs 84,933 crore as recompense in FY17.

A finance ministry official on condition of anonymity said that while Budget FY17 did not provide any explicit provision for the Pay panel, some Rs 53,500 crore was built into the allocations to various ministries and Rs 20,500 crore in the rail budget.

“Most of the outgo related to general budget has been provided for in the Budget. Only a small amount (Rs 6,900 crore) will be required, which would be met from savings during the year from budget allocations (for various departments),” the official said. He, however, did not specify if these savings meant cuts in capital spending.

Every year, the government makes some savings due to the inability of many departments to spend their allocated budget. These savings are often reallocated to needy departments. The total spending budget for FY17 is Rs 19.78 lakh crore.

The Centre has set a target to bring down fiscal deficit to 3.5% of GDP in FY17, from 3.9% in FY16. Sources indicated that the tax revenue increase due to Pay panel award had been factored in when the Budget was made.

Separately, the railways will have to find another Rs 4,000 crore to meet the gap in budget provision for pay and salary revisions in FY17. It has provided for Rs 20,500 crore in this year’s rail budget for salary hike.

The total impact on account of revision in pay, allowances and pension would have been more, had the Centre accepted the recommendations related to allowances along with pay and pension in one go.

The Pay Commission’s recommendation for a 63% rise in allowances (which would have inflated the Centre’s and railways’ outgo by Rs 29,300 crore) has been put on hold until a finance secretary-led committee reviews this along with the commission’s suggestions for an overhaul of the 196-odd such benefits.

The committee will submit its report in four months (by October). Officials don’t anticipate any significant additional outgo on account of allowances this year as the revised benefits are likely to be paid prospectively from next year.

Of the Rs 84,933-crore hit on the exchequer this year, a recurring expenditure of Rs 72,800 crore is due to pay and pension while Rs 12,133 crore is earmarked to pay arrears from last financial year (the panel’s award will take effect from January 2016).

On June 29, the Cabinet accepted the Pay Commission’s recommendations on pay and pension.

The minimum pay for the lowest level staff will now be Rs 18,000 per month (Rs 7,000 earlier); while the real increase pay/pension is 14.3%.

Source: Financial Express
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