7th Pay Commission: Latest news, NAC set to meet Jaitley, propose pay hike

7th Pay Commission : NAC to meet Finance Minister Arun Jaitley | Oneindia News The National Anomaly Committee will meet with Union Finance Minister Arun Jaitley in December and submit its report on the pay hike after the 7th Pay Commission recommendations were implemented. The NAC meet which was postponed indefinitely in October will now be held in December.

NAC to meet Jaitley The NAC will meet with Jaitley and appraise him about the decision taken by them. The NAC was set to up to study the discrepancies arising out of the pay panel's recommendations. Once the NAC appraises the Finance Minister, the matter would then be placed before the DoE

What has NAC decided While the formal meeting of the NAC is set to take place by December 2015, it has been broadly decided that a basic pay hike has to take place. Central Government employees waiting for good news on pay hike could expect their basic salaries to be at Rs 21,000.

When will new pay hike come While several reports state that the government may implement the pay hike in January, there are chances of the same being postponed to April. A source informed OneIndia that if the matters move fast then the government should have no problem in implementing it in April. There are two formalities that are left ie the NAC meet and placing it before the DoE. If these formalities can be completed by December itself then the government should have no problem in implementing the pay hike with the fitment factor 3.

7th Pay Commission latest news and updates While CG employees wait for a hike, the Delhi University Teachers are protesting against the recommendations of the 7th Pay Commission. On Wednesday the teachers observed black day. This pay hike through a mechanical conversion of the notionally higher entry pay and withdrawal of advance increments for MPhil/ PhD has negated the principle of higher entry pay - a principle that recognized that teaching profession requires higher qualification and late entry," Delhi University Teachers' Association said in a statement.

 OneIndia News