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TEACHERS NEWS TN

10 October 2015

மத்திய அரசின் நிதித்துறை 7 வது ஊதியக்குழுவின் கூடுதல் செலவை சரி செய்ய தயார் ஆகிறது!

Finance Ministry today said the Seventh Pay
Commission will be mindful of the fiscal concerns
of the government while giving its report on new
pay scales and remunerations for central
government employees and pensioners.
The Commission, headed by Justice A K Mathur,
has been given time up to December 2015 to
submit its report on revising emoluments of nearly
48 lakh central government employees and 55 lakh
pensioners.
"We have communicated our concerns with regard
to sustainability of public expenditure to Pay
Commission. I am sure the members and chairman
of the commission are aware of and will be
sensitive to our concerns," Finance Secretary
Ratan Watal told reporters here.The Commission
has time till December to submit its report, he
said, adding thereafter it would be scrutinised by
a secretariat to be set up in the Finance Ministry.
Watal said although the recommendations would
be implemented from January 1, 2016, the burden
on the exchequer would not be much in the
current financial year.
However, he added, it would have implications in
next fiscal.
The Commission, headed by Justice A K Mathur,
was appointed by the previous UPA government in
February 2014 for 18 months. Its terms was
extended in August 2015 by four months till
December 31, 2015.
The government constitutes the Pay Commission
almost every 10 years to revise the pay scale of
its employees and often these are adopted by
states after some modifications.
As part of the exercise, the Commission holds
discussions with various stakeholders, including
organisations, federations, groups representing
civil employees as well as Defence services

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