Former Supreme Court judge and retired chairman of Armed Forces Tribunal Ashok Kumar Mathur has been appointed as the Chairman of the 7th Pay Commission. The Commission has been mandated to submit its report in 19 months and its recommendations would be put into action from January 1, 2016.
The constitution of the commission will benefit about 50 lakh central government employees, including defence and railways, and about 30 lakh pensioners. But, on the other hand, it would significantly increase the fiscal burden of the centre and state governments. Implementation of the Sixth Pay Commission increased salaries by 21% resulting in an additional annual outgo of nearly Rs.18,000 crore for the Union government, besides a pay out of arrears of Rs.30,000 crore.
Besides Justice Ashok Kumar Mathur, the commission’s full-time member will be Petroleum and Natural Gas Secretary Vivek Rae and part-time member will be Rathin Roy, Director, National Institute of Public Finance and Policy and Meena Agarwal (OSD, Department of Expenditure) its secretary.
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