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Pay Commission to submit report to Finance Minister soon
New Delhi, Mar 23 (UNI) It's a festive time for the Central Government employees as they are going to receive a hefty hike in pay packets soon with the sixth pay commission likely to submit its report to Finance Minister P Chidambaram within the next few days.
The Commission, headed by justice B N Srikrishna has recommended a hike of upto 52% with higher housing rent and transport allowances for the Central government employees, Defence and Para-Military staff.
With general elections round the corner, the government is likely to accept the recommendations without any cut. The hike would be effective from January, 1, 2006 as per the prevailing practice.
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Story first published: Sunday, March 23, 2008, 19:32 [IST]