Sunday, 25 February 2018

7th Pay Commission: New Salary Without Arrears From April

7th Pay Commission: New Salary Without Arrears From April

2017-18 financial year is likely to bring in good news for the lakhs of government employees as reports are there that the Narendra Modi-led Central government is mulling to take a final call on the further hike in basic pay demand of the employees.

It is believed that the Central government employees most of the problems, especially financial, will be solved if government accepts their demand to increase the minimum payMeanwhile, the bone of contention is whether Finance Minister Arun Jaitley will consider raising the salary of the employees as per their demand- the employees have been demanding Rs 26,000 as the minimum pay against the present Rs 18,000.

The government is reportedly mulling to increase the pay by Rs 3000 (to Rs 21,000). But the employees are of the view that the minimal increase in the pay will have no positive impact on their financial position. Besides, the government is in no mood to give arrears to the employees as per the further hike; which means the government employees will get further hike but without arrears.

If we go by the news reports, Financial year 2018-19 (FY19) is likely to bring good news for the central government employees.