New Delhi, May 12: In what could be termed as yet another good news for Central Government employees, Finance Ministry most likely will seek Cabinet nod for the recommendations of the Seventh pay commission by June-end.
Cabinet approval is the last formality government needs to do, before increased payout will be handed over to the government staff.
Reportedly, Modi Government is aiming to implement pay commission in the month of July, after state elections will get over. Sources say that Centre will most likely give overall 30 per cent hike.
Currently, Empowered Committee of Secretaries is overviewing pay commission's recommendations. Most likely, Committee will submit its report to Finance Ministry in the first week of June, just after Assembly elections in the state.
Sources say panel has pushed for more increment than earlier proposed by the Commission in its report. Panel propses 30 percent basic pay raise instead of 14.27 per cen increment by Pay panel in its September report.
As per media reports, secretaries panel have suggested maximum salary to be Rs. 2,70,000, which is twenty thousand more than the prescribed upper limit by the pay commission. Panel wants lowest salary to be fixed at Rs. 21,000, which is three thousand more than the lower prescribed limit.
Earlier, Bharatiya Mazdoor Sangh (BMS), the labour wing of BJP met Jitendra Prasad, Union Minister of State for Personnel, Public Grievances, and Pension to express their concerns about the Pay Commission.
The BMS, the largest central trade union organization in India, sought an increase in the Multiplication Factor and changes in the HRA.
Minister also assured Union that it will consider maximum possible payout for them.