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

The Union Cabinet has approved setting up of 15th Finance Commission and the Terms of Reference for the Commission will be notified in due course, Finance Minister Arun Jaitley informed on Wednesday. The Cabinet has also approved Wage Policy for the 8th round of wage negotiations for workmen in central public sector enterprises. 

Law Minister Ravi Shankar Prasad announced that the Cabinet has also decided to revise the salary of High Court and Supreme Court 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