Breaking News : Cabinet Approved 7th pay Commission recommendations

Today the Union Cabinet approved 7th pay commission recommendations.

Pay Commission will be implemented from 1st January 2016

It appears that there is no change in the Recommendations in respect of Minimum Pay and Allowances

Reports says that Minimum pay is Rs.18000/ and maximum pay Rs.is 2,50,000

The 7th Pay commission recommended Minimum pay Rs.18,000 with increase of 14.29%. The same is approved without any change.

Govt maintains that the amount of increase is 23.45% including Allowance

Through this cabinet approval for 7th Pay commission

58,00,00 Pensioners will be Benefitted

50 lakhs Govt servants will be benefitted

This move at a cost of 1Lakh crores

More details awaited .. will be updated soon

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