Friday, August 15, 2008

Upto 35% Wage increase expected in Sixth Pay Commission, CNBC Reportss


Sixth Pay Commission Report May Bring Cheers To Central Govt Employees


The eyes of the central government employees will be firmly glued on the forthcoming 6th Pay Commission Pay Scale, which is likely to be announced on Friday, Aug 15.


The central government has sanctioned the setting up of the sixth pay commission to revise salary structures plus other perks for its 5.5 million staff across the country.


The sixth pay commission is estimated to cost the government an additional Rs 20,000 crore.


The Centre assured that the sixth pay commission report would be "beneficial" for the employees as administration is keen to provide comprehensive and fine salary packages to attract quality human resource.



The upcoming pay commission would give recommendations regarding the pay structure of government employees including industrial as well as non- industrial central government employees, all-India services, armed forces personnel and employees in the Union Territories.


Moreover, the commission would consider the pay structure for Indian audit and accounts department, regulatory bodies established by Acts in Parliament and Supreme Court employees.


Normally, a central government employee’s total salary comprises a basic salary, a 51% dearness pay along with basic and a 41% dearness allowance of the total.


The sixth pay Commission will result in a hike of 28% in basic salary of central government staff in various categories. The central 6th pay commission scales may also help employees to fight with the growing inflation.


The expected pay scale table of the sixth pay commission pay structure may also result in a decent increase in the salaries of employees working in private sector.



A high level meeting on Wednesday led by Prime Minister Dr. Manmohan Singh along with External Affairs Minister Pranab Mukherjee, Defence Minister AK Antony and Union Finance Minister P Chidambaram discussed the pay commission information and the suggestions of the empowered group of Secretaries that entered the anomalies and other subjects.


A senior Union minister said that Cabinet is ready to sanction the Sixth Pay Commission recommendations today.


The commission had recommended several changes like staggered timings for women, introduction of performance related incentives, forcing central para-military services to recruit personnel from ex-servicemen after they complete 17 years of service in the armed forces and cutting down the number of gazetted holidays after nearly 17 days to three.


But all things get cleared after the submission of the sixth commission report

Sixth Pay Commission pay scale revision
Submitted by Rakesh.Kapoor on Mon, 02/11/2008 - 05:20.


* General Talk

Indian Economy is booming and the prices have been rising for the past two years at a much faster rate. The price of Real estate is rising. A common man can’t buy a house unless he takes a huge loan. The loan he will need all his life to re-pay.

There are shopping malls coming up (which are only increasing the spending of middle income groups).

The stock markets witnessed a very fast increase in valuations in year 2007. The start of 2008 wasn’t good for Indian markets, but still many stocks are near their all time highs.

The government should revise the pay scales for Government employees with the Sixth Pay commission recommendations at the earliest. The cost of living for every household is rising with every passing day. The wages for government employees are the same.

Sixth Pay Commission has been set up to revise the pay scales for the following category of employees
(a) Central government employees – industrial and non-industrial
(b) Personnel belonging to the All India Services
(c) Personnel belonging to the Armed Forces
(d) Personnel of the Union Territories
(e) Officers and employees of the Indian Audit and Accounts Department
(f) Officers and employees of the regulatory bodies set up under Acts of Parliament.

Persons working in private companies are getting paid much more. I can agree that they work a lot and offer a good value of work for the money paid to them.

Indian government employees should be offered decent salary based on the work they are doing.

It will be good to keep the age of retirement at 58. Making it 60 isn’t a very wise decision while many government departments came up with VRS scheme recently. Chance should be given to the young generation. Most of them are only working in some private companies or have left India for better wages abroad.

The sixth pay commission may cause a big burden on government, but the employees have not seen revision for pay scales for a long time.

The address for communication for the VI pay commission is

Sixth Central Pay Commission
2nd Floor, ICADR Building ,Plot No.6, Vasant Kunj Institutional Area, Phase II New Delhi-110070.

Inquiries and suggestions can also be sent to >> PO Bag No.001, Vasant Kunj Post Office, New Delhi-110070

Sixth Pay Commission Report: What will employees get on April 4, 2008

The government has declared that the Sixth Pay Commission would submit its report by April 4, 2008. In a written reply to the Rajya Sabha, Mr. P K Bansal, the Minister of State for Finance said, �The Commission is to finalise and submit its report within 18 months of its constitution, that is 4th April, 2008.�

About effectuation of the Pay Commission�s suggestions, Mr. Bansal stated, �Since the report is to be submitted, the time frame for its implementation cannot be stated.�

Regarding the terms of reference of the Sixth Pay Commission, he said that the Commission was analyzing the interest and requirement to approve any interim relief until its commendations were completed.

Employees can expect a decent rise in salary as the Elections are coming near. Government may not miss this chance to give additional benefits to employees in all pay scales to grab a bigger vote bank. The salary increase in Sixth Pay commission report 2008 may bring cheer among various government departments.

The new 6th pay commission pay scale table may also result in increase in salary for employees in private sector. Big companies are paying well but there are still many workers in small companies who are finding it very difficult to run their house on meagre income.

On media reports regarding big increase in salaries of civil service staff, Mr. Bansal told that the Commission is yet to settle down and present its report, so the media might be doubtful.

In October 2006, the Sixth Pay Commission was formed to suggest comprehensive changes in salary structure of the government employees.

It would also provide suggestions regarding the pay arrangement of government workers including industrial as well as non- industrial central government employees, Armed Forces personnel, All India Services, and employees in the Union Territories.

Additionally, the Commission would study the pay structure for Indian Audit and Accounts Department, regulatory bodies establish by Act s in the Parliament and Supreme Court employees, Mr. Bansal said.

Central 6th pay commission scales may trigger state governments to offer salary hike to their employees. The expectations are higher and things may be clear by April 4, when the expected pay scale tables 2008 under VIth pay commission will be unveiled

Pay Panel Report To Face Cabinet Test Today


Prime Minister Dr. Manmohan Singh held a meeting with defence minister A.K. Antony and finance minister P. Chidambaram on Wednesday, regarding the pay commission recommendations for Central government employees, armed forces employees as well as paramilitary staff.

A senior Union minister stated that Cabinet is ready to sanction the Sixth Pay Commission recommendations today.

Prime Minister Dr. Manmohan Singh will declare the award during his Independence Day speech on Friday, August 15.

Around 5.4 million government workers will get their pay increases and the administration will have to distribute an additional Rs 20,000 crore.

The armed forces were sad with the new pay structures but now sources said that a compromise has been made between the administration and the services.

The government has accepted the demands of the defence forces.

But it's a bit less than the 15% extra they demanded earlier.

So, if in April the promised hike for a colonel was Rs 15,000, now it's going to be about Rs 19,000.

Upto 35% Wage increase expected in Sixth Pay Commission, CNBC Reportss

CNBC Awaaz reported recently that there may be an increase of 30 - 35 %
in wages of employees in Sixth Pay Commission. If this happens, it will
be a great news for the middle class in India. Main tax payers in the
country are salaried employees. So giving benefit to a common man will
help the Congress government to get more votes in upcoming elections. I expect the
Finance Minister to pass the recommendations of salary revision from
Sixth Pay commission panel.

I just wanted to share some basic concepts about the pay commission. There may be certain things which many of us may not be aware of. Sixth Pay Commission is an administrative group of members of the Union Cabinet of India for increasing the salaries of government employees.

Everyone is now waiting for the government to announce the 6TH Pay Commission 2008 proposed pay scales. Looking for more Sixth Pay Commission News and Pay structure for 2008.

5.5 Million government employees will be directly benefit from the Sixth Pay Commission. It may result in wage increase in private sectors as well. Also, it will prompt state governments to extend benefits to their employees. Sixth pay commission pay scales may help employees to fight with the ever increasing inflation.

The first pay commission was constituted in May 1946, which submitted its report within 12-months. The second panel had been set up in August 1957, which submitted its report after two years. The financial impact of the second pay commission was Rs 396 million.

The third pay commission, which was established during April 1970 gave its report in March 1973, and formed plans, which cost the government Rs 1.44 billion.

The fourth commission that constituted in June 1983 submitted its report in three different stages within four years and the financial burden to the government was Rs 12.82 billion.

The Fifth Pay Commission, constituted during Narasimha Rao�s regime in 1994, was executed in 1997 at a cost of Rs 17,000 crore.

In July 2006, the Cabinet sanctioned setting up of the sixth pay commission. According to it, the cost of increase in salaries is projected to be around Rs 20,000 crore for a total of 5.5 million government employees.

The report on Sixth Pay Commission, formed by the Union Cabinet, chaired by Prime Minister Manmohan Singh, would be 'beneficial' for the employees as government is desperate to offer complete salary packages to attract quality human resource.

Ajay Maken, Union Minister for Urban Development (State) said, �The Sixth Pay Commission report will be good for the employees. We do not want efficient employees to leave government services to join the private sector.�

The Sixth Pay Commission, likely to submit its report by early April, would give recommendations regarding the pay structure of government employees comprising industrial as well as non- industrial central government employees, all-India services, armed forces personnel and employees in the Union

Territories. Additinally, the commission would examine the pay structure for Indian audit and ac-counts department, regulatory bodies set up by Acts in Parliament and Supreme Court employees. Sixth pay commission pay structure will help decide the pay structure for various private sector employees as well.

The expected pay scale table for Sixth Pay commission will also offer pending arrears to employees.

�The Sixth Pay Commission will have a multiplier effect in the economy; those salaries that are benchmarked against central government will also increase. The relativities are disturbed� a senior government functionary said.

For the railways, out of the Rs 5,000 crore allocated, Rs 500 crore is for pension and the remaining Rs 4,500 crore for salaries, wages and other allowances. For a staff strength of 14 lakh, therefore, the additional Rs 4,500 crore expenditure amounts to an average monthly hike of over Rs 2,000 irrespective of the various grades of employees and officers.

6TH Pay Commission Pay Scale Table should be released in first week of April. I will also request TopNews Media to keep us updated with the Sixth central pay commission latest news and expected central 6th Pay Commission Scales.

As the government announced many good things for Farmers and Tax Payers in its Election Budget, i hope the Sixth Pay commission report will also recommend a decent rise in pay scales for central government employees.

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