The implementation of 7th CPC, affecting 47 lakh central government employees and 52 lakh pensioners, would increase spending capacity of nearly nearly 10 million households
New Delhi, June 22: The much awaited recommendations of 7th Pay Commission are expected to be implemented from July. The Empowered Committee of Secretaries has finalised the report containing the revised recommendations. According to reports, Prime Minister’s Office (PMO) has tasked Cabinet Secretary P K Sinha to screen the recommendation once again before handing over the report to Finance Ministry. Sources claim that government is concerned over the populist measures suggested by Secretaries Panel, which could adversely impact the economy. Not only would the implementation of 7th CPC increase burden on state exchequer by Rs 1,00,000 crores, but also increase the disposable income of central government employees. Fearing this steep jump in inflation, Finance Ministry could scale down the recommendations of the Commission
7th Pay Commission would impact a total of 47 lakh central government employees. Not only would the government spend more on present workforce, but expenditure would be incurred due to the hiked pensions as well. The recommendations of the Commission would positively impact nearly 52 lakh pensioners.
