It is really a happy news for all central government employees. The Prime Minister Manmohan Singh has approved composition of the 7th Pay Commission, which shows the central government‘s commitment to its announcement made by Prime Minister on 25th September 2013. “The Prime Minister has approved the composition of the 7th Central Pay Commission,” the Finance Ministry said in a statement today. The pay structure of the 50 lakh central government employees will be revised after the report submitted by 7th pay commission with effect from 1.1.2016.
The Commission has been mandated to submit its report in two years’ time and its recommendations would be implemented from January 1, 2016.
The 7th Pay Commission will review the Pay Structure of about 50 lakh central government employees, including those in defence , Postal and railways, and about 30 lakh pensioners
The Finance Minister Shri P. Chidambaram has issued the following statement:
“The Prime Minister has approved the composition of the 7th Central Pay Commission as follows:
1. Shri Justice Ashok Kumar Mathur -
(Retired Judge of the Supreme Court and Retired Chairman, Armed
Forces Tribunal)
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Chairman
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2. Shri Vivek Rae
(Secretary, Petroleum & Natural Gas)
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Member (Full Time)
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3. Dr. Rathin Roy
(Director, NIPFP)
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Member (Part Time)
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4. Smt. Meena Agarwal
(OSD, Department of Expenditure,Ministry of Finance)”
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Secretary
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Source : PIB Release, 4 February, 2014
via sapost.blogspot.in