Central govt employees may receive revised allowance in April
Seventh Pay Commission panel that reviews allowances, headed by Finance Secretary Ashok Lavasa, is likely to submit its revised report to Finance Minister Arun Jaitley by next month, a report said.
Apart from Holi mood, giving one more reason to central government employees, the Centre is expected to make official announcement on the allowances soon after the State assembly elections get over. The last day of state polls is March 11, as reported by Hindu Business Line.
Hence, the revised allowances are expected to be effective from April 1.
As per the report, the panel has recommended that the rate of house rent allowance to be revised and allow higher allowance in order to balance higher cost of living.
Moreover, NDTV report had said that the 7th Pay commission had recommended that HRA be revised to 27%, 18% and 9% respectively when Dearness Allowance (DA) crosses 50%. While the rates should be revised to 30%, 20% and 10% when DA crosses 100%.
Quoting a senior official, The Hindu report added that the impact of revised and higher allowances has already been added in the the Union Budget 2017-18. This has increased the allocation for allowances by 7%.
Reportedly, the 7th Pay Commission had examined 196 existing allowances. It had recommended abolition of 51 allowances and subsuming of 37 allowances.
Last year in June, the Union Cabinet chaired by Prime Minister Narendra Modi had approved the much-awaited 7th Pay Commission recommendations.
Source – zeenews
Omprakash says
Army wale kab credit hoga 7th pay aerial
Shyam says
Any update on 7 cpc in autonomous institutes
Hemaji thakor says
what happened about arrears for pre – 2006 of defence pensioners (DL 33Yrs of service ?.
SUDHIR KUMAR SINGH says
Dear sir,
Thanks for all the implementations, but what about those whose pension is in Bank Of India. Running late for all the govt norms.Hope less work of Bank Of India.
m j james says
what about the offers given to pensioners
Mohan Menon says
Very glad to read the message. But we, the Pensioners of the Autonomous / Statutory Bodies are aggrieved that we have not been granted even the Dearness Relief from 1/7/2016. In fact, granting DR ,at least based on pre- revised pension is not at all connected with Pay Revision. Despite our repeated requests to the Ministry as well as to you we have not been given even a reply as to why the DR is denied DR to to this category of Pensioners alone.
Will you kindly get the point clarified fom Ministry.??????????
Vinod Kumar Mishra/Pandit Tol Tabhka- says
Yes after your approval, it is to be referred to Hon’ble Prime Minister.
Vinod Kumar Mishra/Pandit Tol Tabhka- says
Anyhow, we should have to think upon the serious-situation faced by the pensioner? As & when, the regular employees are being given the financial benefits and the market cost is hiked? For example, the present statement of reporter. Looking towards the harsh-situation, pensioners are also deserving entitlement to get house-rent, on the basis of their pension amount. This may kindly be referred to Ministry of Finance for their appropriate action, on priority?