NewDelhi: The Empowered Committee of Secretaries (CoS) headed by Cabinet Secretary P K Sinha processing the report of the Seventh
Central Pay Commission is expected to meet on June 11 to finally wrap up its report on the
remuneration of government employees.
It is reported that the secretaries panel will finally hear
out all the stakeholders, including the Central ministries and Departments, and
finalise its report, which will be handed over to the government on June 30.
Sources added that even the Prime Minister's Office is keen on a
favourable pay hike for the central government employees, so the panel is
likely to recommend a minimum salary at Rs 24,000 and the highest salary at Rs 2,70,000.
The 7th pay panel headed by AK Mathur had recommended the minimum
salary at Rs 18,000 and maximum salary at Rs 2,50,000.
Sources added that the government is exploring options for meeting
the additional payout over
and above what was recommended by the 7th pay panel. The payout could be substantial with salary hike and arrears adding up to a
Rs 1.02 lakh crore burden on
government finances.
However, it seems that the government employees will have to wait
more for the salary hike. Once the report moves from the table of the empowered group of committee to the
cabinet, it is likely to take another month before the notification on pay hike
will eventually come.
Even the Finance Ministry is keen that higher salaries reach government employees
just just before the
festive season starting mid-August, as spurt in consumption during the festive
period will have a domino effect on the economy.
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