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Business News » India News

7th Pay Commission: Cabinet's decision on arrears, allowances today?

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7th Pay Commission: Cabinet's decision on arrears, allowances today?
A Bank employee shows Rs 2000 rupee currency notes at the State Bank of India branch in Ranchi. Photo: IANS
Written By: ZeeBiz WebTeam
Updated: Wed, May 24, 2017
04:30 pm
Mumbai, ZeeBiz WebDesk
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Government employees and pensioners waiting to hear about their 7th Pay Commission arrears and allowances may have some good news by May 25, 2017. 

Media reports suggest that the Empowered Committee of Secretaries is going to place the recommendations this week in front of the Cabinet.

Union Cabinet, led by Prime Minister Narendra Modi meets every week. 

The Government has already accepted most of recommendations under the 7th Pay Commission barring allowances. For allowances like HRA, TA, DA, etc, the finance ministry set up a committee under Finance Secretary Ashok Lavasa last year. 

The Committee has now given its recommendations. 

7th CPC had recommended house rent allowance (HRA) to be paid at the rate of 24%, 16% and 8% of the new Basic Pay, depending on the type of cities.  But, employees' unions have demanded HRA at 30, 20 and 10%. 

ALSO READ: 7th Pay Commission: Latest news on HRA and arrears

In April, while accepting the report from the recommendation panel, Finance Ministry had said, that the report will be examined in the Department of Expenditure and will be placed before the Empowered Committee of Secretaries (E-CoS) set-up to screen the 7th CPC recommendations and to firm-up the proposal for approval of the Cabinet.

 

ALSO READ: 7th Pay Commission: Employees' union to meet govt officials to seek update on higher allowance

]Other recommendations that included a change in the present system of accounting, wherein pay and allowances are clubbed and it would be difficult to bifurcate these. Out of 196 allowances, the 7th Pay Commission report had recommended abolition of 52 and subsuming of another 36 into larger existing ones.

While submitting the report in April, Lavasa panel had said, "Representations and demands for modifications were received in respect of 79 allowances which have been examined in detail by the Committee."

ALSO READ: 7th Pay Commission: Central Govt employees may get maximum monthly HRA hike up to Rs 48,000 from June

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TAGS:
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7th Pay Commission latest news: Bumper 7th CPC pay scale jobs at Indian Railways for 10th, 12th pass central government posts aspirants 7th Pay Commission latest news: Bumper 7th CPC pay scale jobs at Indian Railways for 10th, 12th pass central government posts aspirants
7th Pay Commission latest news: Government pensioners to gain? Dearness Relief (DR) may get restored by this month 7th Pay Commission latest news: Government pensioners to gain? Dearness Relief (DR) may get restored by this month
7th Pay Commission latest news today: Big relief for central government employees, pensioners soon likely; Dearness Allowance, DR may get restored in this month 7th Pay Commission latest news today: Big relief for central government employees, pensioners soon likely; Dearness Allowance, DR may get restored in this month
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