The Modi Government is in no state of mind to stop the quick pace they’re succeeding with. The huge approach of Central Pay Commission was under changes from some time. It was on May 3, 2017, that the Union Cabinet meeting was set for closing the seventh CPC revises and considering the proposal identified with it. A noteworthy concern was with respect to every one of the general population who were diminished pre-2016 and their pensions. The general population who were a piece of this category were including civil and defense pensioners and family pensioners.
A total cost of Rs.84,933 Crore was allowed by the Cabinet for the year 2016-17 which included the 2 months back payments as well, of the year 2015-16. The Department of Expenditure is supervising the allowance board of trustees and Empowered Committee of Secretaries (E-CoS) is the last commentator of the report.
Every one of the progressions became effective after the Ashok Lavasa Committee approved of the suggestions specified in the report submitted to Arun Jaitley, Finance Minister.
Pre-2016 and Disability retired people pensioners
It was Modi Government which made the step of constituting a board of trustees which will be going by Ashok Lavasa, Finance Secretary for investigating every one of the proposals of the seventh CPC according to the sources of India Today. With the underlying course of events of 4 months, the due date was reached out to February 22, 2017, for the submission of the looked into report.
Rs 1,76,071 crore
As per Business Today, Arun Jaitley said after the meeting, “Cabinet approves alterations in the seventh Central Pay Commission proposals on pay and pensionary benefits”. After the increase approved by the Cabinet, the Central Govt. just will have a yearly pension bill of Rs 1,76,071 crore.