Dear Comrades,
As per Hindu Businessline News the
Cabinet approved terms of reference for seventh pay commission. This
includes merging dearness allowance above 50 per cent with basic pay.
The excerpt of Hindu Businessline News is reproduced below:
Ahead of general election, the Centre today took key decisions to woo minorities and Government employees.
For minorities, the Cabinet has decided to form equal opportunity
commission as suggested by Sachhar Committee. This commission will
suggest ways to ensure equal opportunities in jobs, education and even
finding house on rent for minorities. The commission is expected to be
constituted soon.
Terms of reference for 7th pay commission
In order to benefit over 50 lakh employees and over 30 lakh pensioners, the Cabinet
also approved terms of reference for seventh pay commission. This
includes merging dearness allowance above 50 per cent with basic pay.
Currently DA is around 90 per cent of basic pay and another hike of 10
per cent is expected soon. DA is calculated on the basis of change in
retail inflation.
Click here to view Hindu Business Line News
SAPOST
