GOVT APPROVES VI PAY REPORT

August 14, 2008 13:02 ISTLast Updated: August 14, 2008 13:13 IST
The government on Thursday approved the Sixth Pay Commission recommendations, heaping civil and defence staff with a salary hike bonanza on the eve of the country's 61st Independence Day.
The Sixth Pay Commission, which was headed by Justice B N Srikrishna, had in March submitted its report to the government, recommending an average 28 per cent hike for central government staff and defence personnel.
All about the 6th Pay Commission report
Highlights:
Pay revision with effect from January 1, 2006.
Arrears to be paid in two installments -- 40 per cent this fiscal and 60 per cent in the next financial year, said Information and Broadcasting Minister P R Dasmunsi.
Minimum entry level pay raised to Rs 7,000 from Rs 6,660 per month recommended by the Commission.
Financial implication of Pay Commission on General Budget would be Rs 15,700 crore (Rs 157 billion) and Rs 6400 crore (Rs 64 billion) on the Railway Budget in 2008-09.
Average increase in pay is 21 per cent, said expenditure secretary Sushma Nath.
Prime Minister Manmohan Singh had on wednesday held a meeting with External Affairs Minister Pranab Mukherjee, Defence Minister A K Antony and Finance Minister P Chidambaram to discuss the pay commission report and the recommendations of the empowered committee of Secretaries that went into it.