How to pay commission

how to pay commission

7th PAY COMMISSION

7th CPC – STEP 1

The Prime Minister of India gave consent to the formation of 7th CPC (25-09-2013)

Finance Minister P. Chidambaram announced that the Prime Minister has formally given his consent to the formation of the 7th CPC. Announcement was also made that it would be implemented on 01.01.2016.

Usually, not only employees, news agencies also would start guessing when the announcement would be declared. But this time, there were no such speculations. It has become clear that the Government’s decision and the date of announcement of 7th CPC are being kept secret.

The sudden announcement had caught everybody by surprise. There is no doubt about the fact that it was a pleasant surprise to all Central Govt Employees. (Click to read more.. .)

7th CPC – STEP 2

Prime Minister of India gave his consent to the Composition of 7th CPC (04.02.2014)

On 04-02-2014, Finance Minister P Chidambaram announced that the Prime Minister has given his approval to

the composition of the 7th CPC. With the formation of a four member committee, led by Justice Ashok Kumar Mathur, the 7th CPC moved to the next stage.

With the Confederation announcing a strike on the 10th and 11th of this month, and with all the major Federations of Central Govt Employees and also Railways in the country declaring their intention to protest to central government, the move is being viewed by many as Government’s attempt to pacify. (Click to read more. )

7th CPC – STEP 3

Cabinet gives its approval to the 7th CPC Terms of Reference (28.02.2014)

On 28.02.2014, the Central cabinet clearly explained and gave its approval to the Terms of Reference of 7th Central Pay Commission.

One of the salient features was that the Commission has to present its recommendations to the Government within 18 months, and, if required, also submit an Interim Report.

There was no word about the much-anticipated Interim Relief and DA Merger. (Click to read more. )

Source: 90paisa.blogspot.com

Category: Forex

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