• search
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Seventh Pay Commission: Here is the list who all are set to get benefit

|

New Delhi, Apr 10: The implementation of Seventh Pay Commission will not only bring cheers to employees of Central government but host of other professionals will also get indirect benefit.

The recommendations of the much awaited Seventh Pay Commission is likely to be implemented from July this year.

7th CPC: Here is list of beneficiaries

Pay Commission will be implemented after cabinet will give it a final approval. Currently, the Implementation cell of the Empowered Committee of Secretaries is trying to address various issues with it.

After giving final touch to the report, Empowered Committee will send recommendations to PMO for its nod. Once PMO will through the report, it will be placed before the Cabinet.

Here are the list of indirect beneficiaries of the Seventh Pay Commission

Real estate: This sector is likely to be benefitted once the recommendations of the Seventh Pay Commission implemented. This may result in sale of houses in tier 1 and 2 cities as most of the employees reside in these cities.

Automobile Industry: It may bring rejoice of car dealers also. The auto sector is expecting increase in sale of two-wheelers, compact and small cars.

Consumer durables: This sector is also expecting rise in demand once the recommendations will be implemented.

Read More: 7th Pay Commission: Here are the reasons why govt delaying implementation of 'increment' process

Banking sector: If reale estate, auto sector and consumer durables witness rise in demand it will result into demand of consumer loans also.

So all these sectors will become indirect beneficiaries of the Seventh Pay Commission.

OneIndia News

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more