7th pay commission pay hike: Will this 'talk' impact central government employees?

Considering that the expenditure on general elections is heavy, and that too if state election polls are held along with it, chances are that the government may well hold off on announcing any 7th pay commission based hike at all to ensure the treasury is not depleted.

The hike in MSP is being interpreted as a sop for farmers leading up to the elections. Image source: PTI

7th pay commission pay hike: There is much talk in the corridors of power regarding the holding of general elections earlier than the scheduled dates in 2019. That may impact central government employees who have been waiting patiently for an announcement to be made hiking their pay over and above the seventh pay commission report recommendations. Along with general elections there may be some state assembly elections too that may be held simultaneously.

Considering that the expenditure on general elections is heavy, and that too if state election polls are held along with it, chances are that the government may well hold off on announcing any 7th pay commission based hike at all to ensure the treasury is not depleted. However, against that 'theory' is the fact that pre-poll sops are spread by the government in power quite liberally. That may well lead to positive outcomes for central government employees. In fact, the hike in MSP is being interpreted as a sop for farmers leading up to the elections, especially if they are to be held early.

WATCH ZEE BUSINESS VIDEO HERE

Notably, central government employees want a hike in 7th CPC based fitment factor by 3.68 times from the current level of 2.57 times. Their demands, if agreed to by the government, will see the minimum salaries of government staff rising to Rs 26,000.

TAGS:

7th Pay Commision