OROP, Pay Commission will not impact fiscal deficit: Sinha
Implementation of One Rank One Pension (OROP) and increase in salary bill due to 7th Pay Commission will not strain government's fiscal position, Minister of State for Finance Jayant Sinha said Monday.
Oct 19, 2015, 23:13 PM ISTPay Commission to submit report soon
Seventh Pay Commission is ready with its recommendations on revising emoluments for nearly 48 lakh central government employees and 55 lakh pensioners, and will soon submit report to the Finance Ministry.
Sep 23, 2015, 20:48 PM ISTGovt approves 7% DA hike; raises it to 107% from July 1
Government on Thursday approved 7 percent hike in dearness allowance (DA), taking it to 107 percent of basic pay, a move that will benefit around 30 lakh central employees and 50 lakh pensioners including dependents.
Sep 04, 2014, 20:10 PM ISTDearness allowance hiked by 7%; effective from July 1
The Government on Thursday approved a hike in dearness allowance (DA) to 107 percent from the existing 100 percent, benefiting around 30 lakh Centre's employees and its 50 lakh pensioners including dependents.
Sep 04, 2014, 19:35 PM IST