Thursday, August 13, 2015

Good and Bad news on 7CPC

The latest on 7CPC is the comments from  the Finance Minister.
The paper report says that 7CPC will be presenting their report by next month end, recommending a salary hike of 15 %. That would cost an additional salary outgo of 15.79 % in the next Fin Year.

But how did the FM  decide that the recommended increase is 15% ? Its now very clear that the recommendations of 7CPC are orchestrated by the FM (and Government). 

He also says that the 7CPC award would pose a risk on the exchequer.  How and why does he say it is a risk ?  Was it not a known parameter ? Is it not something which should be and should have been planned ?  Does he mean that this risk means a wasteful expenditure for the Govt ?

Dear FM, can you avoid the risk by not increasing the wages and pensions?  When every worker in this country  gets increase in their wages and other benefits,  how can the Govt employee survive without an increase ?
Today, an average semi-skilled worker in Kerala gets over 1000/- a day as wages. That is about 25000+ per month . The Govt should be a model employer in every respect.

When you know that you have to pay wages , you have to find sources of its income. That's very basic.  Don't say that the wages paid to the employees are a burden on the Nation.


News from GConnect.in

FM speaks on Implementation of 7th Pay Commission report in Parliament and tables Medium Term Expenditure Frame Work Statement – Central Government Employees Salary Expenditure to cross Rs. 1 lakh Crore.


And the full report from TheHindu follows.


Anyway, the news is good ! The Govt is preparing for the implementation. But what and how much is still unknown.  A fact remains highlighted ... 7CPC and its positive implementation is very risky in the hands of our FM.

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