7th Pay Commission Latest News Today 2019: It's a very important day as  Finance Minister Piyush Goyal will present the Budget 2019 on Friday. Various sectors have pinned very high hopes on Modi governmen's 1st Interim Budget as speculations are rife that the Modi government may make a big attempt to woo voters ahead of the crucial Lok Sabha elections 2019. There are huge expectations that PM Narendra Modi-led government may give a good news to government employees in terms of 7th Central Pay Commission Recommendations. This will be a real good financial boost to the government employees, if it happens in the Modi government's 1st interim budget. Let's see if Modi government announces good news for the government employees!

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

7th Pay Commission Latest Announcement in Budget 2019: Here are all the LIVE UPDATES:-

- 7th Pay Commission: On Dec 27, Maharashtra government has announced a New Year bonanza saying it would implement the 7th Pay Commission's recommendations for all government employees. At a cabinet meeting, presided over by Chief Minister Devendra Fadnavis, cleared the decision to hike the salaries and related allowances. 

- Union Cabinet has approved the interim Budget 2019-20. 

- Following the Cabinet meeting, Piyush Goyal will present the interim Budget 2019-20 at 11 AM.

- Reportedly, PM Narendra Modi is expected to make a major announcement at 11.45 AM. Will this be related to 7th CPC or something else? Stay tuned!

- Recently, the Noida Metro Rail Corporation (NMRC) Board had approved a report by the Nomination and Remuneration Committee on the recommendations of the 7th Central Pay Commission (CPC). The salary hike would benefit 750 regular employees of the NMRC. According to NMRC executive director PD Upadhyaya,"This would translate into a 20 per cent increase in the salaries of the Noida Metro employees."

-  Maharashtra government has implemented 7th Pay Commission's recommendations for all state government employees w.e.f Feb 1.

- Finance Minister Piyush Goyal arrives at the Ministry of Finance. He will present interim Budget 2019-20 in the Parliament today.  (ANI photo)

BUDGET 2019 FULL COVERAGE: LIVE UPDATES

Budget 2019

Prime Minister Narendra Modi-led government's sixth and final budget before the polls due by May is supposed to be an interim budget or a Vote on Account. But it is widely expected that Goyal may go beyond seeking Parliament nod for government expenditure for four months of next fiscal and announce sops to woo rural and urban middle-class voters, industry sources and experts said. As per convention, the outgoing government only seeks parliamentary approval for limited period spending, leaving the full Budget presentation for the new regime in July.