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 Uttarakhand, the government has given its approval to go for with the recommendations of the Sixth pay Commission.
The West Bengal government today announced setting up of the state's Fifth Pay Commission for recommending new wage structure for its 10 lakh employees, following the adoption of the sixth pay panel's report by the Centre.
As per the news, The government has constituted a high-powered two-member committee headed by former union petroleum and natural gas secretary Sushil Kumar Tripathi. The other member of the committee was state Finance Secretary Radha Raturi, official sources said here today.
In case the government implements the sixth pay commission with effect from January 1, 2006, it will put an extra burden of Rs 2,500 crore on the state exchequer in terms of arrears. The state will need Rs 810 crore every year.
At present, the state government has 160,000 employees even as 65,000 jobs are lying vacant. In case these posts are filled, the government will require Rs 1,500 crore every year.
The government has come under considerable pressure after the Uttar Pradesh government announced its decision to implement the sixth pay panel recommendations. The state employees are hoping that they will get a hike of 25 per cent.
The main task of the committee will be to devise ways and means for the implementation of the sixth pay commission report in the hill state.
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
Uttarakhand 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