BUSINESS

Five things to know about the Pay Commission

November 24, 2015 10:20 IST

The recommendations will cost the government Rs 1,02,000 crore.

The Seventh Central Pay Commission, headed by ex-judge A K Mathur, gave its recommendations to the government on Thursday. 

It recommends a 23.55 per cent rise in emoluments -including pay, allowances and pension - for serving and retired central government employees.

If accepted, the recommendations will cost the government Rs 1,02,000 crore (Rs 1.02 trillion) during FY 2016-17.

Business Standard takes a look at five key takeaways from the nearly 900-page report:

Five key takeaways

Source:

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