7th Pay Commission: Latest news today, hike for CG employees, TN staff, teachers
The 7th Pay Commission is in the news and the latest updates are there is a pay hike on the way for Central Government employees and the benefits have now been extended to the Tamil Nadu employees and teachers too.
For the 8 lakh teachers there is good news. The benefits which will be applicable to the teaching faculty of central, state universities and aided colleges will see an increase in entry pay growth by 22 to 28 per cent.
Benefits for teachers
"The implementation of the pay revision will enhance the teachers' pay in the range of Rs 10,400 and Rs 49,800 as against the extant entry pay due to the implementation of the 6th Pay Commission for the pay of teachers," a government statement said. Teachers of 119 centrally-funded technical institutions such as IITs, IISc, IIMs, IISERs (Indian Institutes of Science Education and Research) and NITIE (National Institute of Industrial Engineering) are also eligible for revision of pay. Besides Central universities, 329 universities funded by state governments and 12,912 government and private-aided colleges which are affiliated to state public universities are also eligible for salary revision.
Cost to exchequer
The Cabinet's decision on revision of pay scales for teachers will cost the state exchequer nearly Rs 9,800 crore annually. The revised pay scales will be effective from January 1, 2016. For state government funded institutions, the revised pay scales will require adoption by the respective state governments. The Centre, however, will bear the additional burden of the states on account of pay scale revision.
Benefits for TN government employees
The Tamil Nadu government on Wednesday announced a revision of salaries under the Seventh Pay Commission's recommendations. A meeting of the Tamil Nadu cabinet chaired by Chief Minister Edappadi Palaniswami accepted the recommendations of a five-member panel. The five-member panel was constituted to look into the suggestions of the Seventh Pay Commission. Chief Minister Palaniswami said that government will incur an additional expense of Rs 14,719 crore annually. "Accordingly, minimum wage has been determined at Rs 15,700 as against the existing Rs 6,100 while the maximum wage will be Rs 2.25 lakh," he said in a statement.
7th Pay Commission for CG employees
It is confirmed that the CG employees will get a pay hike beyond the 7th Pay Commission recommendations. The proposal to increase the salary will be passed by the National Anomaly Committee later this month. The increase in pay will not have any negative impact on the exchequer officials say. This would mean that the CG employees would have much to cheer after being let down badly by the 7th Pay Commission.