 "Govt nod to increase in staff allowances")
In a bonanza to 4.8 million central government employees, the Union Cabinet on Wednesday approved recommendations of Seventh Central Pay Commission with 34 modifications which will impose an additional annual burden of Rs 30,748 crore on the exchequer.
The increased allowances, which comes into effect from July 1, 2017, is based on the recommendations of the Committee on Allowances (CoA).
The allowances would have cost the exchequer Rs 29,300 crore. The modified allowances approved by the Union Cabinet headed by Prime Minister Narendra Modi will increase the burden by Rs 1,448 crore to Rs 30,748 crore per annum.
Briefing the media after the
