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7th Pay Commission: Latest news and updates today

According to the Ministry of Finance (MoF) directives, autonomous bodies working under various ministries were to, preferably, bear the additional financial burden of the revision.

In some very good news, the Government has approved the recommendations of the 7th Pay Commission for FTII or Film and Television Institute of India employees.

This comes as good new for the employees as there had been a considerable delay and they had waited for this development for very long.

Benefits come at last

Benefits come at last

The approval comes as a major relief for the FTII employees. They had earlier alleged that there was a goof up in the pay scale upgradation and this had led to a great deal of inconvenience and loss of funds.

What was the goof up

What was the goof up

In January 2017, the FTII had implemented a pay scale revision. However it did not take proper concurrence from the Ministry of Finance. It started to release the salaries as per the upgraded pay scales, but went on to withdraw it two months later. The institute had to recover "excess salaries" paid to each of the 166 staffers from their subsequent salaries between April and May. On November 2, the FTTI administration had received a notification to this effect from the ministry.

Who bears the burden

Who bears the burden

According to the Ministry of Finance (MoF) directives, autonomous bodies working under various ministries were to, preferably, bear the additional financial burden of the revision.

After 7th Pay Commission, how much will FTII spend

After 7th Pay Commission, how much will FTII spend

Once the pay scale is revised, the institute would spend Rs 20.4 crore per annum on salaries of FTTI employees. FTII spends around Rs 18.9 crore per annum salaries. After new pay scales are implemented, the institute would end up spending Rs 20.4 crore per annum on salaries. It will also require Rs 1.5 crore extra every year. The FTII had also written to the Information and Broadcasting Ministry that the institute was ready to bear the 30 per cent burden (about Rs 45 lakh per annum) and, hence, the pay revision should be affected with immediate effect.

OneIndia News

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