New Delhi: Finance Minister Arun Jaitley on Wednesday took to Twitter to announce the Union Cabinet’s decision approving the 7th Pay Commission’s recommendations.
In a tweet this afternoon, Jaitley said: “Congratulations to central government officers, employees & pensioners on a historic rise in their salary & allowances through the 7th CPC.”
The pay panel had in November last year recommended 14.27 per cent hike in basic pay at junior levels, the lowest in 70 years. The previous 6th Pay Commission had recommended a 20 per cent hike which the government doubled while implementing it in 2008.
After considering the increase proposed in allowances, the hike in remunerations comes to 23.55 per cent.
The 7th Pay Commission report will be effective from January 1, he said, adding that the Cabinet will decide if the arrears for the six months have to be paid in one go or in installments.