7th Pay Commission expenditure taken in to account in the budget 2016 – FM in his post budget speech with media says actual expenditure on account of implementation of 7th Pay Pay Commission will be known once Empowered Committee that process the 7th CPC Recommendations.
Though Finance Minister has not directly informed the media about the implementation of 7th Pay Commission in his post budget interaction, he pointed out that allocation has already been made for significant part of expenditure on account of implementation of 7th Pay Commission.
FM also informed the media that the actual financial burden as a result of hike in pay of Central Government Employees would be known only after the decision made by committee of Secretaries.
The Committe of Secretaries called Empowered Committee was been appointed by the Govt to process the recommendations of 7th Pay Commission This Committee would submit its decisions on the recommendations of the 7th Pay Commission which will be submitted to Cabinet for its approval.
Earlier, FM in his budget speech before Parliament had observed that financial year 2016-17 will face an additional burden due to implementation of the 7th Pay Commission and OROP
