After the recommendations of the Sixth pay Commission, many state government employees are wondering whether they are eligible to receive any hike in the salary or not and whether their respective state government will be kind enough to implement the similar things for their respective state. Here is the link to Highlights of the Sixth pay Commission Report (Opens in a new Window in PDF)
Various State Employees’ Unions have been demanding the implementation of the Sixth Pay Commission recommendations ever since the central government approved the new pay scales for its five million employees.
Fortunately, for the state of Uttar Pradesh UP, the government has given its approval to go for with the recommendations of the Sixth pay Commission.
Uttar Pradesh Chief Minister Mayawati Monday declared in the state assembly that her government would promptly implement the recommendations of the Sixth Pay Commission.
The commission, appointed by the union government, had recently submitted its report to the central government following which it was approved by the union cabinet last week. It is learnt that it was the election year which has forced Mayawati to implement the salary hike recommondations of the the Sixth Pay Commission of the center, otherwise, it is usually a bitter relationship between Mayawati and the center.
"The new pay commission would be brought into force with effect from Dec 1 , though we would implement it with retrospect from Jan 2006", Mayawati said.
She further added: "even though the central government had been indifferent to our repeated request for additional resources and had also flatly refused to concede our demand for a special package of Rs 80000 crore, still we decided to mobilise our own resources to meet the additional burden that the new pay scales would entail."
"While the arrears were estimated at about Rs 14800 crore, the annual burden on the state exchequer would be about Rs 5200 crore", she pointed out.
Here are the direct links for the Salary Calculators on the GConnect Website, for the changes in salary by the Sixth pay Commission Report:
Salary Calculator for Pay band 1 and 2 for Sixth Pay Commission Salary Hike
Salary Calculator for Pay band 3 and above for Sixth Pay Commission Salary Hike
Salary Calculator for Pension calculations for Sixth Pay Commission Salary Hike
Guide to Insurance, Mortgage, Loans, Finance, Credit Cards, Investments, Stock Market, Interest Rate, Mutual Funds, IPO, Trading Strategies
Friday 29 August 2008
Uttar Pradesh UP Sixth Pay Commission Salary Hike
Subscribe to:
Post Comments (Atom)
Copyright Information:
© http://invest-n-trade.blogspot.com
Please see Our Copy Right Policy. All the articles, posts and other materials on this website/blog are copyrighted to the owners of this portal. The content should NOT to be reproduced on any other website or through other medium, without the author's AND owners' permission.
DISCLAIMER: Before using this site, you agree to the Disclaimer.
About Us | Advertise with Us | CopyRight Policy & Fair Use Guide | Privacy Policy | Disclaimer |
No comments:
Post a Comment