Government likely to implement 7th Pay Commission award around September-October New Delhi: The Central government employees will have to wait till September-October to get higher salaries under the 7th Pay Commission. As per a Financial Express report, government is expecting that higher salaries released around the festival period starting with Durga Puja and Diwali will … [Read more...] about Government likely to implement 7th Pay Commission award around September-October
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7th Pay Commission award
7th Pay Commission award to stoke inflation, push up GDP: RBI report
7th Pay Commission award will put an upward pressure of 1-1.5 per cent on inflation, but is expected to boost GDP by around 40 bps during the current fiscal, RBI said in a report today. At the same time, the central bank remained confident of meeting its March 2017 retail inflation target of 5 per cent. “Assuming that the government implements the 7th Pay commission … [Read more...] about 7th Pay Commission award to stoke inflation, push up GDP: RBI report
Government may defer implementation of pay commission award
Government may defer implementation of pay commission award The government is likely to defer of the 7th Pay Commission award in a bid to improve financial resource crunch estimated for 2016-17. The Union Cabinet approved last week the formation of an empowered committee of secretaries to work out ways for staggering the award through more than one financial … [Read more...] about Government may defer implementation of pay commission award
No separate DA will be announced, 7th CPC Report to review salaries of central government employees
The recommendations of the 7th Pay Commission award to review salaries of central government employees, will be implemented in April and no separate DA will be announced, Finance Ministry sources said. “The cabinet will give its nod to implement the 7th Pay Commission award in April after some modification and it will be effective from January 1, 2016,” the sources … [Read more...] about No separate DA will be announced, 7th CPC Report to review salaries of central government employees
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