Pay commission

Pay commission

A Pay Commission is a panel comprised of members of the Union Cabinet of India for hiking the salaries of government employees.

History

Since India's Independence, six pay commissions have been set up on a regular basis to review and make recommendations on the work and pay structure of all civil and military divisions of the Government of India

First Pay Commission

The first pay commission was constituted in May 1946, and had submitted its report in a year.and the importance is on the report

econd Pay Commission

The second panel had been set up in August 1957 and had given its report exactly after two years, with a financial impact was Rs.396 million.

Third Pay Commission

The third pay commission set up in April 1970 gave its report in March 1973, and created proposals that cost the government Rs.1.44 billion.

Fourth Pay Commission

Constituted in June 1983, its report was given in three phases within four years and the financial burden to the government was Rs.12.82 billion. cite web |url=http://www.indiaenews.com/business/20060720/15563.htm|title="Sixth pay commission to revise salaries"|publisher=Indiaenews.com|accessdate=2006-07-20]

Fifth Pay Commission

The Fifth Pay Commission was set up in 1994 and implemented in 1997 at a cost of Rs. 17,000 crore.

ixth Pay Commission

In July 2006, the Cabinet approved setting up of the sixth pay commission. This commission has been setup under Justice B.N.Srikrishna with a timeframe of 18 months. The cost of hikes in salaries is anticipated to be about Rs. 20,000 crore for a total of 5.5 million government employees as per media speculation on the 6th Pay Commission, the report of which is expected to be handed over in late March/early April 2008. The employees had threatened to go on a nationwide strike if the government failed to hike their salaries. Reasons for the demand of hikes include rising inflation and rising pay in the private sector due to the forces of globalization .com/fullstory.php?newsid=71343|title="Rs 20,000 crore for babus?"|publisher=The Indian Express|accessdate=2006-07-20] The Class 1 officers in India are grossly underpaid with an IAS officer with 25 years of work experience earning just Rs.55,000 as his take home pay.

ee also

* Tariff Commission

External links

* [http://india.gov.in/govt/paycommission.php Official webpage of the Sixth Pay Commission]
* [http://www.elucknow.com/salary_calculator.html Sixth Pay Commission Salary Calculator]

References

* [http://www.sindhtoday.net/south-asia/11936.htm Armed forces welcome pay commission bonanza]
* [http://www.sindhtoday.net/south-asia/11908.htm Salaries of government employees substantially hiked]
* [http://www.khabrein.info/index.php?option=com_content&task=view&id=15962&Itemid=88 Salient features of 6th Pay Commission]


Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Australian Fair Pay Commission — The Australian Fair Pay Commission (AFPC) is an Australian legislative body created under the Howard Government s WorkChoices industrial relations law in 2006 to set the minimum rate of pay for workers. Established to replace the wage setting… …   Wikipedia

  • Sixth Central Pay Commission — Infobox Government agency agency name = Sixth Central Pay Commission nativename = nativename a = nativename r = logo = logo width = logo caption = seal width = seal caption = formed = October 5, 2006 preceding1 = preceding2 = dissolved = March 24 …   Wikipedia

  • Low Pay Commission — Low Pay Commission. An independent statutory body set up under the National Minimum Wage Act 1998. Its remit is to monitor and evaluate the impact of the national minimum wage (NMW), to review the level of the NMW and to make recommendations for… …   Law dictionary

  • Fair Pay Commission — noun → Australian Fair Pay Commission …  

  • Australian Fair Pay Commission — noun a federal commission established in 2005 to set minimum wages and conditions, replacing the Australian Industrial Commission s role in this area; replaced in 2009 by Fair Work Australia. Abbrev.: AFPC …  

  • pay-off — n 1 RESULT, outcome, benefit, advantage, reward, settlement, consequence, upshot COLLOQ. crunch, moment of truth, punchline 2 BRIBE, inducement, allurement, enticement COLLOQ. back hander, sweetener, hush money, slush fund, protection money …   Useful english dictionary

  • commission — com·mis·sion n 1: a formal written authorization to perform various acts and duties a notary s commission 2 a: authority to act for, in behalf of, or in place of another b: a task or matter entrusted to one as the agent for another 3 a: a group… …   Law dictionary

  • pay — [n] earnings from employment allowance, bacon*, bread*, commission, compensation, consideration, defrayment, emoluments, fee, hire*, honorarium, income, indemnity, meed, payment, perquisite, pittance, proceeds, profit, reckoning, recompensation,… …   New thesaurus

  • pay — I noun allowance, award, compensation, consideration, defrayal, defrayment, earnings, emolument, fee, grant, hire, income, indemnity, meed, merces, monetary return, payment, perquisite, profit, reckoning, recompense, reimbursement, remittance,… …   Law dictionary

  • commission — [n1] task, duty agency, appointment, authority, brevet, certificate, charge, consignment, delegation, deputation, diploma, embassy, employment, errand, function, instruction, legation, mandate, mission, obligation, office, permit, power of… …   New thesaurus

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”