The Govt. has decided to increase salaries of employees and pensioners in line with the recommendations of 7th Pay Commission. This move will benefit around one lakh employees and pensioners.'
Major decisions taken by Govt. are given hereunder:
1. Non-performing govt. employees will not get the appraisal. Govt. will withhold annual increment in case of those employees who are not able to meet the benchmark either for Minimum Assured Career Progression ('MACP') or a regular promotion within the first 20 years of their service.
2. There shall be two dates for grant of increment (i.e., January 1 and July 1 of every year) instead of existing date of July 1. Employee will get only one annual increment on either of these two dates depending on the date of appointment, promotion or grant of financial up gradation.
3. The minimum pay for employee will be raised to Rs 18,000 per month from the existing level of Rs 7,000. The maximum pay fixed at Rs 2.5 lakh per month.
4. Benchmark for performance appraisal for promotion and financial upgradation under MACPS to be enhanced from "Good" to "Very Good".
5. Consolidated pay package of Rs. 4,50,000 for Chairpersons of TRAI, Central Electricity Regulatory Commission, IRDA, SEBI, CCI, Pension Fund Regulatory and Development Authority, Petroleum and Natural Gas Regulatory Board, Warehousing Development and Regulatory Authority, and Airports Economic Regulatory Authority of India
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6. Department of Personnel and Training has been authorised to take action regarding pay and related issues concerning IAS, IPS and Indian Forest Service (IFoS).
7. The Finance Ministry will work out a customized group insurance scheme for central government employees.