Monday, 30 October 2017

7th Pay Commission: NAC told to keep CG employees happy, not overspend, avoid job loss

7th Pay Commission: NAC told to keep CG employees happy, not overspend, avoid job loss

Members of the National Anomaly Committee looking into the pay hike beyond the recommendations of the 7th Pay Commission have been told to strike a balance while making a decision. The NAC which is all set to meet have been told that a wise decision should be taken so that all parties are satisfied. This was the advise given by top officials of the government.
Strike a balance, NAC told The NAC has been told to consider all aspects before taking a decision. The advise to the NAC is three-fold. It has been told to first ensure that the employees are happy. Secondly, it has been told that there should not be any job loss caused as a result of its decision. Thirdly the NAC has been advised to also keep in mind what is affordable to the Government of India.
Latest update on NAC meet The NAC meet which was scheduled for October was postponed. While no fresh date has been given, sources say that the meeting is likely to take place only after the elections in Gujarat and Himachal Pradesh are complete. This would mean that there is every possibility of the meeting being held on in December, the source also added.
Lot would depend on election results A rise in the minimum pay and fitment factor would be a good political move for the BJP which is looking to retain Gujarat and take Himachal Pradesh. Both the elections would gauge the peoples' mood following the decisions on demonetisation and GST. If the government gets the thumbs up from the voter, then it would not hesitate in speeding up the process to award a pay hike to the Central Government employees.
7th Pay Commission, salaries of IIT NIT set to rise For the faculty of the IITs and NITs, there is a possibility that the government would hike their salaries beyond the 7th Pay Commission. While the pay panel had recommended a 16 to 20 per cent pay hike to the faculty members, there is a chance that it may raise now to anything between Rs 20,000 and Rs 40,000. 

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