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Good News for the Employees! 17 percent increase in salary, approval of cabinet, amount will increase in account, update on new pay commission-old pension scheme

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Good News for the Employees! 17 percent increase in salary, approval of cabinet, amount will increase in account, update on new pay commission-old pension scheme

There is great news for the employees. There has been a big increase in his salary. For this, the salary hike has been approved by the government in the cabinet meeting. On the other hand, they will be given the benefit of the new pay commission. For this also the matter is under process while the committee will be constituted to implement the old pension scheme. The committee will submit its report within 2 months.

Employees Salary Hike, New Pay Commission: There is good news for the employees. His salary has been increased by 17 percent. Cabinet has approved for this. With the approval of the cabinet, orders will be issued on this in 2 to 3 days. At the same time, the pensioners along with the employees will be benefited. Along with this, there will be an increase in the salary of the employees. Employees can get around 45000 rupees in salary.

The Karnataka government had announced a 17 per cent increase in the salaries of its employees. Which is stamped in the cabinet. In the cabinet meeting on Wednesday, the works of increment have been approved. On March 1, the government announced a 17% interim hike for all its employee pensioners after the employees union threatened to go on an indefinite strike.

Rs 7246 crore additional expenditure

Though the increase is tentative, the burden on the state exchequer will further increase. Law and Parliamentary Affairs Minister JC Madhuswamy said the government’s decision to increase the salaries of its employees by 17 per cent as an interim measure would cost the state exchequer an additional Rs 7,246 crore annually. The employees have been given an interim increment of 17 per cent under the Seventh Pay Commission.

Will get the benefit of the new pay commission

Along with this, the employees of Karnataka will be given the benefit of the new pay commission. A committee has been constituted for this. With the submission of the report by the committee, new pay commissions are to be implemented for the employees. It is believed that from the new financial year April 2023, new pay commissions can be implemented for the employees.

CM had announced

Earlier, an indefinite strike was started by the government employees in Karnataka demanding the implementation of the Pay Commission. More than 500000 government employees were expected to participate in this indefinite strike. On which the announcement by the Chief Minister was said to increase the salary by 17%. However, it has been approved in the cabinet today.

Earlier, the chief minister had said government services in Karnataka were being disrupted due to the union’s decision to revise salaries based on the Seventh Pay Commission’s recommendations and demand withdrawal of the National Pension System and implementation of the old pension scheme. A committee has been constituted for the 7th Pay Commission. There was an agreement between the Association and the Chief Minister on the withdrawal of the strike. In which 17 percent increase in salary was announced as interim relief.

Update on Old Pension Scheme

Not only this, there is also a demand to withdraw the new pension scheme and implement the old pension scheme. On which the Chief Minister had given a big statement saying that a committee would be constituted under the Additional Chief Secretary to study for restarting the old pension scheme. In 2 months the committee will present its report on which further action will be taken.

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