The Government has notified a 2.57-time hike in basic salary of one crore Government employees and pensioners following implementation of the 7th Pay Commission Recommendations. The recommendations, which will cost the exchequer annually Rs 1.02 lakh crore, were notified in a gazette on Monday.
The minimum pay in Govt (w,e.f. Jan 1, 2016 ) will now be Rs 18,000 per month, up form Rs 7,000 per month. At the highest level of Cabinet Secretary, the salary would go up from Rs 90,000 a month to Rs 2.5 lakh. “With regard to fixation of pay of the employee in the new Pay Matrix as on 1st day of January, 2016, the existing pay (Pay in Pay Band plus Grade Pay) in the pre-revised structure as on 31st day of December, 2015 shall be multiplied by a factor of 2.57,” the notification said.