Monday, March 24, 2008

Sixth Pay Commission submits report to FM

The Sixth Pay Commission headed by justice B N Srikrishna today submitted its recommendations to Finance minister P Chidambaram this morning at the North Block.

Commission officials were tight lipped about the recommendations but added that the report had "right to reconcile the needs of employees with the overall fiscal situations".

According to sources, the finance ministry will now vet the recommendations before proposing them for a final decision by the government.

Source added that Chidambaram is likely to discuss the matter with Prime Minister Manmohan Singh as well.

Pay Commission was set in October 2006 and is widely expected to suggest an over 30% increase in salaries of 4.5 million central government employees.