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Tuesday, January 27, 2015

Modi Government is set to big announcement on Budget in view of 7th Pay Commission

Modi Government is set to big announcement on Budget in view of 7th Pay Commission


It is certain that 6% increase in DA is guaranteed. Here it is necessary to mention that the DA is increased twice in a year. Central government employees are paid from the first of January and July. As we’re told that the DA is 6 percent of total will be 113%. But it is also a provision that if the DA crossed 100 mark will be merged in the basic salary. The employee unions are pressing hard for the merger of DA in the basic pay. But neither the government nor the Seventh Pay Commission is committed at this point. The government has also not in mood to merge the DA in the basic pay. If that happens, this will be bad news for the employees.


Union workers are now engaged on the expected budget has to be presented in February. Employees are hoping that the finance minister will must bring good day for them. On the other side the employee organizations has started to pressure on government to merge the DA in basic pay. The employees union are also pressing for provision of fund for implementation of Seventh Pay Commission in the budget. Trade union leaders are confident that a big announcement can be in budget . (See the article in picture)


Source:http://karnmk.blogspot.in/

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