Tuesday, October 17, 2017

7th Pay Commission: National Anomaly Committee Meeting Expected by End of October

The committee was formed by the Union Government to look into the pay anomalies arising out of the pay panel’s recommendations. A report said that the government wants to take a final call on basic minimum pay by January 2018 itself, the NAC is making all efforts to hold the meeting this month itself.

Around 46 lakh central government employees and 54 lakh pensioners were eagerly waiting for the NAC meet to take place. The meeting was scheduled to be held on October 7. However, there were some deliberations and discussions that were pending and hence the NAC meeting was postponed.

Also, the decision to raise the fitment factor from 2.57 to 3 times was being discussed. If the fitment factor is raised to 3 times then the pay would go up from Rs 18,000 to Rs 21,000. However, most of the employees are hoping that the minimum payment would be hiked to Rs 26,000.

The NAC basically will tow the line of the government. The government has made it clear that the fitment factor can be raised to 3 times and for now it cannot go beyond that.

With the government indicating that it has the funds to raise the basic minimum pay, the NAC meeting will vote in the majority of what the government wants. However, not many are happy with the pay hike of Rs 21,000, sources in the government say that for now, that would be the amount and over the next year or so the pay would vary.

Meanwhile the Union Cabinet this week has given its approval for revision of pay scales for about 8 lakh teaching and other equivalent academic staff in higher educational institutions under the purview of the University Grants Commission (UGC) and in technical institutions funded by the Centre

Read at:http://www.india.com/news/india/7th-pay-commission-cpc-latest-news-national-anomaly-committee-meeting-to-take-place-by-the-end-of-this-month-2535715/