Goa to implement 7th Pay Commission recommendations from Nov 1
Posted on:05 Aug 2016 18:24:46
05 August 2016 Current Affairs GK: Goa Chief Minister Laxmikant Parsekar has started the 7th Pay Commission recommendations would be implemented in the state from November 1.
While to implement the recommendations of Seventh Pay Commission from November 1 onwards. The pending arrears from January to October 2016 would be deposited in the employee provident fund (PF) and National Pension System (NPS).
He also said the order on implementation of the seventh pay commission would be issued around Ganesh Chaturthi, scheduled on September 5.
The chief minister said the government will have to spend an additional Rs 72 crore monthly towards salaries and pensions of government employees for implementation of recommendations of the new commission.
A provision of Rs 2,553 crore has been made towards seventh pay commission implementation in the state budget.
The Chief Minister had a few days back informed the House that as per the revised pay scale, the state government will have to pay Rs 272 crore per month as against Rs 213 crore per month as per the existing scale, which will be an additional burden of Rs 59 crore.
During 2015-16, Rs 1,946 crore were earmarked for the salaries and pensions, which has now been hiked to Rs 2,553 crore to make up for the liability created by seventh pay.
FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2017 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail