Finance Secretary Ratan Watal said
although the recommendations would be implemented from 1 January, 2016,
the burden on the exchequer would not be much in the current financial
year.
Seventh Pay Commission will be mindful of fiscal concerns: Finance ministry
The Commission has been given time up to
December 2015 to submit its report on revising emoluments of nearly 48
lakh central govt employees and 55 lakh pensioners
New Delhi: Finance ministry on Monday
said the Seventh Pay Commission will be mindful of the fiscal concerns
of the government while giving its report on new pay scales and
remunerations for central government employees and pensioners.
The Commission, headed by Justice A K
Mathur, has been given time up to December 2015 to submit its report on
revising emoluments of nearly 48 lakh central government employees and
55 lakh pensioners.
“We have communicated our concerns with
regard to sustainability of public expenditure to Pay Commission. I am
sure the members and chairman of the commission are aware of and will be
sensitive to our concerns,” finance secretary Ratan Watal told
reporters in New Delhi.
The Commission has time till December to
submit its report, he said, adding thereafter it would be scrutinised
by a secretariat to be set up in the finance ministry. Watal said
although the recommendations would be implemented from 1 January, 2016,
the burden on the exchequer would not be much in the current financial
year.
However, he added, it would have
implications in next fiscal. The Commission, headed by Justice A K
Mathur, was appointed by the previous UPA government in February 2014
for 18 months. Its terms was extended in August 2015 by four months till
31 December, 2015.
The government constitutes the Pay
Commission almost every 10 years to revise the pay scale of its
employees and often these are adopted by states after some
modifications.
As part of the exercise, the Commission
holds discussions with various stakeholders, including organisations,
federations, groups representing civil employees as well as Defence
services. - PTI
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