Bhubaneswar/New Delhi: There is news that the National Anomaly Committee (NAC) will decide on the hike in the minimum pay of the Central government employees later this month. However, the government employees are still in dark and ambiguous about the intention of the Narendra Modi-led Central government related to the hike.
As per reports, the NAC will take a final call on further raising the minimum pay as recommended by the 7th Pay Commission this month, after a meeting of its members. However, the hike is likely to be restricted to around 17% of the Central government employees’ present salary.
The reason behind the expected slash of around 28% hike in minimum pay as against the demanded 45% hike by the Central government employees is believed to be due to the recent decline in the country’s GDP growth estimation.
Besides the plunge in the growth projection of the International Monetary Fund (IMF), the government seems to be worried about a possible rise in inflation if it will increase the minimum pay by 45% and give arrears on the hiked pay too, believes financial experts.
Source. Odishatv.in