Uttar Pradesh UP Sixth Pay Commission to give Salary Hike: Finance Trading Times

Uttar Pradesh UP Sixth Pay Commission to give Salary Hike

The latest news on Sixth Pay Commission is for the Uttar Pradesh UP State Employees, who are going to benefit from the recommendations of the Sixth Pay Commission. These state government employees from Uttar Pradesh or UP will be getting the benefits of the Sixth pay Commission Panel Recommendations from 1st January 2006. Sixth Pay Commission Pension

On September 5th, PTI reported that the UP government has decided to go for Pay Revision or Salary Revision as per the recommendations of the Sixth pay Commission. What this means is that the benefits will now be available to the UP state government employees.

How many UP state government employees will benefit?
It is learnt that around 98,0000 state government employees will benefit from the pay hike or salary revision.

Any exceptions to the employees?
Yes. PTI reports that employees of energy sector undertakings in state may not get the benfits of Sixth Pay Commission.

How much extra money will be required by the state and where will it come from?
Around 305 crore Rs. are required per year for this salary hike and it is expected to be sourced from the enterprises and corporations. There will be no assistance from the government side.

However, the benefits of revised pay scale and other benefits will be subject to the economic capability of corporations and certain conditions, as reported by a government spokesperson.

The government also decided to relax rules regarding payment of dearness allowance to the staff of enterprises and corporations and merge 50 per cent of the DA with the salary.
All thanks to the Sixth Pay commission recommendations and their implementations
Have Comments or Questions? Please post them as comments using "Post our Comments" link below. Your queries will be responded for free in 24 hrs!

0 Comments: Post your Comments

Wish you all happy and fruitful trading and investing activities with safety! = = = Post a Comment

Copyright Information:
© Finance-Trading-Times.com
Please see Our Copy Right Policy. All the articles, posts and other materials on this website/blog are copyrighted to the author of this site. The content should NOT to be reproduced on any other website or through other medium, without the author's permission. Contact: contactus(AT)finance-trading-times.com

DISCLAIMER: Before using this site, you agree to the Disclaimer. For Any questions or comments, please mail contactus(AT)finance-trading-times.com.

About UsAdvertise with UsCopyRight Policy & Fair Use GuidePrivacy PolicyDisclaimer