Pay panel bonanza for babus finally official
The Govt finalised the notification on the Sixth Pay Commission report to give its employees a better deal. It would cost the exchequer Rs 22,000 crore this year, reports Chetan Chauhan.Also see: Official memo | Pay Commission resolution...india Updated: Sep 02, 2008 14:23 IST
The pre-Diwali gift to brighten up five million faces is set to arrive.
The government on Friday finalised the notification on the Sixth Pay Commission report to give its employees a better deal. It would cost the exchequer Rs 22,000 crore this year.
Once the new pay scales are notified — late on Friday night or over the weekend — 50 lakh central government employees will take home an average of 21 per cent higher salary next month.
The hike will push the take-home salary of the junior-most employee in excess of Rs 10,000.
At the top end, the rank of a secretary would earn a little over Rs 1 lakh inclusive of allowances if he stays in a government bungalow.
A joint secretary, on the other hand, can expect close to Rs 70,000 salary for September. In addition, the secretary would also get more than Rs 4 lakh this year as 40 per cent of the arrears from 1 January 2006 as against a modest
Rs 20,000 for a peon.
The draft notification, a copy is with HT, however, rules out any possibility of cutting down on babudom’s holidays for the next decade.
But the government has decided to introduce a performance-based incentive plan to encourage employees to work better and harder.