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Tuesday, August 23, 2016

implementation of 7th pay commission-what it means?





Modi government has accepted 7th Central Pay Commission (CPC) recommendations at cost of 0.65 % of GDP i.e. about Rs102100 crore from tax payers pocket. I don't know, what was the hurry to take such a huge burden, especially when the economy is under recession? Following adverse affects may be faced in near future:
• Lesser fund will be available for plan expenditure.
• Further increase of market price and miseries to poor, middle class and private sector workers due to the sudden infusion large amount to a small section of people.
• Encourage corruption and frustration to State Govt Employee/Officers of poor states like West Bengal, Tripura etc who will unable to increase their staff’s salary in line with CPC.

For example, in West Bengal a divisional accountant deputed from GOI under Executive Engineer of respective engineering division, a joint secretary of nominated IAS under special secretary of state cadre etc in different department will get almost double salary than their office master! Nobody knows how hierarchy of such offices will function. It will simply frustrate the honest and efficient state govt officers and result may be disastrous on developmental projects!

Kapil Dev Aggarwal

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