7th Pay Commission Latest News: Will Arun Jaitley Allocate Fund For Salary Hike Beyond CPC Recommendations in Budget 2018?
New Delhi, January 13: The Central government employees who are waiting for last two years will no longer get their salary and allowances ‘revised’ as per the recommendations of a pay commission in future as the Centre has “almost” decided not to form any pay commission in future.
“The government is determined to take a strong decision in this regard,” The Sen Times quoted the official reportedly said.
Several reports suggest that the government is considering an alternative for increasing salaries and allowances of central government employees and pensioners in future instead of forming any 8th Pay Commission for government employees.
The Union government is likely to follow the instructions of the 7th Pay Commission Chairman Justice AK Mathur who earlier said that the central government employees’ salary must be revised every year taking into account the available data and price index.
The 7th Pay Commission further recommended that reviewing the pay matrix periodically instead of waiting for 10 long years to revise the salary and allowances. The commission also suggested the usage of the Aykrod formula for the hike in minimum pay of the central government employees.
The Aykroyd formula is attributed to Dr Aykroyd who worked on nutrition for nearly 30 years and was the director of Food and Agriculture Organisations, United Nations.
In 1935, he was appointed as a director of government’s nutritional research centre in India.
The Aykroyd formula takes into account the three basic needs of a human being while considering pay hike and salary structure.
Earlier this month, P Radhakrishnan, Minister of State for Finance has made a statement in Lok Sabha that no formation of Pay Commission in future is not on government radar for the time being and this will be declared later by Finance Minister Arun Jaitley.