"The union government should come forward to minimise the impact of its Sixth Pay Commission (recommendations). At least 50 percent of the additional financial burden on the states due to this should be borne by the government of India," Punjab Finance Minister Manpreet Singh Badal met with the empowered committee of state finance ministers and was quoted after the meeting while he was speaking with the reporters.
How things will work further for implementation of the Sixth Pay Commission at state level?
As quoted, an Emergency Meeting is schedule on December 15, 2008 with the Empowered Committee and it is expected that some decision or consensus will be worked out in that meeting. So atleast till that emergency meeting, one has to wait to know who will bear the cost of the Sixth Pay Commission Recommendation and in what proportion.
As per the news, The two-day meeting of the committee started here Monday in which 10 state finance ministers attended.
"The overall rate of growth in the collection of value-added tax (VAT) revenue of all states till September 2008 has increased by 23.43 percent if we compare it with the corresponding period in 2007," said Asim Dasgupta, West Bengal finance minister and chairman of the empowered committee.
"Till September 2008, there is no impact of macro level recession in the world"s economy on the Indian market, but there might be some impact in the next six months. The areas of concern are steel, cement and iron," stated Dasgupta.
Taking a serious note of the financial status of various states, Dasgupta said: "Most of the states are debt ridden and a good chunk of this debt is imposed by the union government. The union government always gives money to the states in the form of loans and very rarely in the form of grants."
Badal has said there is a common problem faced by most of the states in the tax collection as the central government directly collects 70 percent of the tax and the state government collects only 30 percent.
"This system should be changed and both the state and central governments should collect 50 percent of the tax each from the state," he added.
Here are the other related links on the Sixth pay Commission Recommendations and the government orders on the same.
New Pay Band of Defence Force Officers: Sixth Pay Commission
Sixth Pay Commission: Armed Forces Pay panel Grieviences
Link: Revised Pay Scale IAS (Administrative) IFS (Foreign) Officers: Sixth Pay Commission
Link: New Revised Pay Scale Indian Police Services IPS : Sixth Pay Commission
Link To: Maternity Leave, Child Care Leave: Sixth Pay Commission
Link To:LTC Leave Travel Concession Recommendations: Sixth Pay Commission
Link To:Special Allowance for child care for women with Disabilities
Link: Sixth Pay Commission: Income Tax on Pay Arrears
State Wise Salary Hike details are covered in the links of the article: State Wise Salary Hike Details of Sixth Pay Commission. Please refer to the article and click on your respective state wise link for news and other information.
Link To: Dearness Allowance: Sixth Central Pay Commission Recommendation
Link To: Revised Pay Scales, New Pay Bands Finalized by the Government
Link To: Sixth Pay Commission: Perks, Arrears, Increments & Key Points
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