The benefit of the proposed modifications will be available with effect from 1 January 2016, i.e., the date of implementation of 7th Pay Commission recommendations. Photo: AFPNew Delhi: The Union cabinet on Wednesday approved modifications on pay and pensioner benefits almost a week after the Ashok Lavasa-led Committee on Allowances submitted its review report on the 7th Pay Commission recommendations. The 7th Pay Commission recommended a 14.27% hike in basic pay, which was the lowest in 70 years. The modified formulation will entail an additional benefit to the pensioners and an additional expenditure of approximately Rs 5,031 crore for 2016-17. ■ The Seventh Pay Commission had recommended that of a total of 196 allowances, 52 be abolished altogether and 36 be abolished as separate identities by subsuming them in another allowance.

Source: Mint May 04, 2017 08:26 UTC