7th Pay Commission: ‘Republic Day Bonanza’ for These Central Govt Employees
7th Pay Commission: Much ahead of the Republic Day, the Narendra Modi government has reportedly decidied to come up with a bonanza for some of its Central government employees.
According to a ZeeBiz report, the Indian Railways has decided to increase the running allowance of its guards, assistant loco and pilots loco pilots by more than double.
It is worth mentioning that the railway employees had been demanding an increase in the allowance for the last several years.
It is believed that the increase in the allowance will put a financial burden of around Rs 1,225 crore on railways. Besides, it will increase operating ratio by 2.5 per cent.
On the other hand, the Ministry of Human Resource Development (HRD) had earlier approved a proposal to extend the seventh pay commission recommendations to academic staff of government and aided technical institutions.
The government had reportedly granted Rs 1,241 crore for this purpose giving direct benefit to 29,264 teachers and other academic staff of institutes funded by state government.
However, the woes of the Central government employees continue as their demand for an increase in the minimum pay is still waiting for the Modi government’s consideration.
Surprisingly, the decision of the government to come up with an interim budget has disappointed the CG employees again as it’s doesn’t seem feasible that their demand could be taken up under such conditions.
The CG employees are presently getting a minimum pay of Rs 18,000 and demanding Rs 26,000- a hike of Rs 8000 or an increase in the fitment factor by 3.68 times from the existing 2.57 times.