You are here: Home » Economy & Policy » News
Business Standard

Ahead of polls, Maharashtra approves implementation of 7th Pay Commission

The New Year-eve bonanza will also bring cheers to more than 360 retired government employees who are over 100 years of age

Lok Sabha  |  Government Of India  |  Ministry Of Defence

Press Trust of India  |  Mumbai 

Ahead of polls, Maha govt approves implementation of 7th Pay Commission

In a major decision ahead of the and state Assembly polls next year, the government Thursday approved the implementation of the 7th Pay Commission recommendations from January 1, a move that will benefit more than 2 million employees and pensioners.

The approval to the pay hike of government employees, which will cost the state exchequer Rs 386.55 billlion, was given by the Cabinet at its meeting here and comes just months ahead of the elections. The state will face Assembly polls in the second half of 2019.

Finance Mungantiwar, speaking to reporters at Mantralaya (secretariat), said the Cabinet has approved the 7th Pay Commission's implementation from January 1, 2019 with retrospective effect from January 1, 2016.

The New Year-eve bonanza will also bring cheers to more than 360 retired government employees who are over 100 years of age.

All employees will get salaries as per the revised scales from their February 1 pay packets, he said.

Mungantiwar said the decision will put an additional burden of Rs 386.55 billion on the state exchequer and the government will spend a total of Rs 77.31 billion annually over the next five years.

"The decision will be benefit officers, employees, teachers from aided schools and those from Zilla Parishad institutions. This will benefit as many as 20,50,000 government employees," the minister said.

He said employees will get arrears retrospective from January, 1 2016 for the period of 36 months and it will be given in five instalments.

The minister the arrears will be credited directly to the (GPF) account of the employees.

Mungantiwar said with the new pay scales coming into effect, a Group 'D' employee will get Rs 15,000 basic salary per month, while a Group 'C' staffer will take home Rs 18,000 per month in basic salary.

He said retired employees in the age of 80-85 years will get a hike of 10 per cent in their monthly pension, 15 per cent for those in 85-90 age bracket, 20 per cent for 90- 95 years and 50 per cent hike for those who are 100 and above.

"There are 362 retired government employees, who are over 100 years of age," he said.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, December 27 2018. 20:50 IST