Translate

adcode2

Friday, November 27, 2015

THE LOWEST PERCENTAGE OF INCREASE IN 70 YEARS


The Seventh Pay Commission headed by Justice A K Mathur has recommended a 14.27 percent increase in basic pay, the lowest in 70 years. However, the entry level pay has been recommended to be raised to Rs 18,000 per month from current Rs 7,000 while the maximum pay, drawn by the Cabinet Secretary, has been fixed at Rs 2.5 lakh per month from current Rs 90,000. For the Secretaries it has been fixed at Rs 2.25 lakh as against Rs 80,000 currently.


The minimum entry level pay for central government employees has risen 225 times since 1959, when the Second Pay Commission submitted its report.
The chart below shows the quantum of increase in minimum entry level pay of central government employees over the years (From 1947 to 2016):
Source - Zee News

No comments:

Post a Comment