6th Pay Commission approved by Union Cabinet

The long awaited 6th Pay Commission recommendations (Pay Scale) has been approved by Union Cabinet of India. The recommendations of 6th Pay Commission will increase the salary of around 5.4 million Central Government employees. The revised pay scale would be effective from 01-01-2006.

The revised hike will hit Central Budget of FY 09 to the tune of 15,717 crore and Railway Budget by 6,414 crore. The average hike for Central government employees is around 21%.

The Sixth Pay Commission pay hike will be paid in cash in two installments-40% will be paid in FY 2008-2009 and 60% in next financial year.
>>Report of 6th Central Pay Commission>>

>>Summary of main recommendations>>

Comments

Popular posts from this blog

How to detect Fake Indian Currency

Download Mozilla Firefox 3 Free Browser in Hindi & other Indian Language

Microwave Recipe: Grilled Fish