7th pay commission : On Tuesday night Prime Minister Narendra Modi took the nation by surprise and announced a crackdown on Rs 500 and Rs 1000 notes with effect from the same midnight, making these notes invalid across India.
The recent development has no doubt caused inconvenience to common people. But the most effected ones are government employees who have been eagerly waiting for the 7th Pay Commission award. The implementation may get delayed following the governments surgical strike on black money to curb rising black money, fake currency, and corruption.
Sources indicate that the higher allowances under the 7th Pay Commission which were to be implemented soon will be delayed till the situation returns to normalcy.
“The process of higher allowances may be delayed as now the government is busy for making situation normal after a surgical strike on black money,” a top official of Finance Ministry was quoted by a news portal on condition of anonymity.
The official further added that “after the surgical strike on black money issues, the central government has to keep the process of higher allowances in the pipeline and is waiting for things to get normalised”.
The top official further added that “the government is in fear of any eventual incident for a surgical strike on black money in the country and in view of the current scenario, the government has decided to delay the announce of higher allowances”.
The Central Government employees unions are pressing hard on the government to announce the higher allowance and they had recently called for a Parliament march on December 12. Earlier there were reports that the ‘Committee on Allowances’ has already given a final touch to its report on higher allowances. The committee met up with the deadline of four months given to it by the cabinet to submit its reports, the top official confirmed.
There are reports that the quantum of allowances may not vary from those proposed by the 7th Pay Commission as the committee looking into the issue sticks with the 7th Pay Commission’s recommendations on allowances proposed higher allowances with retrospective effect from August 2016 but the central government employees unions demanded for implementation of the allowances with effect from January 2016.
Recently Finance Secretary Ashok Lavasa said that his team is ready to submit its report whenever Finance Minister Arun Jaitley calls up. The committee on allowances was set up on July this year in the direction of the cabinet.
Source: from around the web.