Lavasa’s Committee on Allowance submits its report to Finance Minister
Posted on:29 Apr 2017 10:12:18
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29 April 2017 Current Affairs:
The 'Committee on Allowance' headed by Finance Secretary Ashok Lavasa submitted its final report to Finance Minister (FM) Arun Jaitley. This report recommends for 'Higher Allowances' to central government employees as mentioned in the 7th pay commission.
The Pay Commission had recommended hiking the HRA in the range of 8-24%
Full implementation of panel recommendations will cost govt Rs 29,300 crore.
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