Christmas has come early for Indian central Government employees. The 7th Pay commission has recommended a steep increase of 23.55 percent in salaries, pensions and allowances for these employees.
These central govt employees will now get anywhere from Rs.18 thousand to 250 thousand per month as salary, benefiting 4.7 million employees, along with 5.2 million pensioners, who will get ‘One Rank One Pension’ as per this report.
The trickle down effect of this will go to universities, PSUs and government funded autonomous bodies too.
The total increase in the salary bill of the government will now go up to Rs.5.35 lakh crore from 4.33 lakhs earlier.
