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June 29, 2016

7TH PAGAR PANCH FULL DETAILS IN GUJARATI.MUST READ.

7TH PAGAR PANCH FULL DETAILS IN GUJARATI.MUST READ.
The Union Cabinet on Wednesday approved the recommendations made by the 7th pay commission. Speaking at a press conference, Finance Minister Arun Jaitley accepted the recommendation to increase minimum pay from existing Rs 7,000 to Rs 18,000 per month.
He announced that a fitment factor of 2.57 would apply for pay revision of all employees. And the rate of annual increment has been retained at 3%..
The Seventh Pay Commission has recommended One Rank, One Pension (OROP) for all civilian employees.
Seventh Pay Commission chairman Justice (Retd.) A K Mathur on Wednesday said it appears that the report has been accepted in toto.
He said the One Rank, One Pension is one of the peculiar recommendations made to the government which has not been given so far.


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