7th Pay Commission : NAC to meet Finance Minister Arun Jaitley
The National Anomaly Committee will meet with Union Finance Minister Arun Jaitley in December and submit its report on the pay hike after the 7th Pay Commission recommendations were implemented. The NAC meet which was postponed indefinitely in October will now be held in December. The NAC will meet with Jaitley and appraise him about the decision taken by them. The NAC was set to up to study the discrepancies arising out of the pay panel's recommendations. Once the NAC appraises the Finance Minister, the matter would then be placed before the DoE. While the formal meeting of the NAC is set to take place by December 2015, it has been broadly decided that a basic pay hike has to take place. Central Government employees waiting for good news on pay hike could expect their basic salaries to be at Rs 21,000. While several reports state that the government may implement the pay hike in January, there are chances of the same being postponed to April. A source informed OneIndia that if the matters move fast then the government should have no problem in implementing it in April.