Decision on 50% merger and other Demands for which Confederation is in continuous struggle.

Terms of reference for 7th pay commission approved-News in The Hindu Business lines

Terms of reference for 7th pay commission:

In order to benefit over 50 lakh employees and over 30 lakh pensioners, the Cabinet also approved terms of reference for seventh pay commission. This includes merging dearness allowance above 50 per cent with basic pay. Currently DA is around 90 per cent of basic pay and another hike of 10 per cent is expected soon. DA is calculated on the basis of change in retail inflation. 

Please click here:

http://www.thehindubusinessline.com/economy/policy/cabinet-okays-setting-up-of-equal-opportunity-commission-coal-regulator/article5708924.ece

http://www.thehindubusinessline.com/economy/da-to-be-merged-with-basic-pay-for-govt-staff/article5710382.ece