You are here: Home » Current Affairs » News » National
Business Standard

Finance Commission to wage policy, key decisions taken by Cabinet today

The Cabinet also approved Wage Policy for the 8th round of wage negotiations for workmen in central public sector enterprises

BS Web Team  |  New Delhi 

Arun Jaitley, Ravi Shankar Prasad
Finance Minister Arun Jaitley with IT minister Ravi Shankar Prasad interacting with media persons during the press conference in New Delhi. (Photo: Dalip Kumar)

The Union has approved setting up of 15th and the Terms of Reference for the Commission will be notified in due course, Finance Minister informed on Wednesday.

The has also approved Wage Policy for the 8th round of wage negotiations for workmen in central public sector enterprises. Law Minister announced that the has also decided to revise the salary of High Court and judges. "Benefits of pay revision to judges will be given from January 1st, 2016," he said. In a mission move for protection for women, the will set up Pradhan Mantri Mahila Shakti Kendra. Other key takeaways: We are going to ensure that a regular winter session is held but we will make sure that the parliament session and election dates don't overlap.: FM Arun Jaitley also approved membership for India of the European bank of reconstruction and development We signed an important agreement with Russia on combating terrorism & combating organised crime: Union Minister Ravi Shankar Prasad

First Published: Wed, November 22 2017. 15:37 IST
RECOMMENDED FOR YOU