Goa to implement 7th Pay Commission recommendations from Nov 1

Posted on:05 Aug 2016 18:24:46

Goa to implement 7th Pay Commission recommendations from Nov 1
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.

Gk Current Affairs April 2017

28 APRIL
NEWS
27 APRIL
NEWS
26 APRIL
NEWS
25 APRIL
NEWS

Gk Current Affairs March 2017

31 MARCH
NEWS
30 MARCH
NEWS
29 MARCH
NEWS
28 MARCH
NEWS

Gk Current Affairs February 2017

28 FEBRUARY
NEWS
27 FEBRUARY
NEWS
25 FEBRUARY
NEWS
24 FEBRUARY
NEWS




Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.