Bonanza for Babus - CtC of 7th Pay Commission to be more than a lakh crore
Legal Corner Icon — the image was hosted by the publisher and was not captured.THE rumours were right, the babus got a big hike - the Cost to the Country goes up by 23.55 percent and that is the average hike for an employee. Yesterday DDT suggested that the 7th Pay Commission could cost the nation 1.20 lakh crore - And we were right. The 7th Commission submitted its report to the Finance Minister yesterday with a heavy additional burden of Rs. 1.021 lakh crores on him. And this is for next year alone. It will have a recurring effect with increased velocity year after year.
No marks for guessing why the FM is glum. After all he has to find that additional 1 lakh crore. For collecting a couple of thousand crores for cleaning up the country, he had to impose a complicated Swachh Bharat Cess, when cleaning up the country is not his job at all. Because our Municipalities failed in keeping the country clean, the Government has imposed a collective penalty on all the citizens in the form of Swachh Bharat Cess. But the failed Municipal Commissioners and his cousins have to be paid and paid well.
The babus get about 25% hike in their salaries - beyond that the Pay Commission has not made any major earth shaking recommendations. They will continue to have the same holidays, allowances, leave, LTC etc.,