* CHRONICLE - PENSIONERS CONVERGE HERE, DISCUSS ISSUES OF THEIR CHOICE * CHRONICLE - WHERE EVEN THE CHAT COLUMN PRODUCES GREAT DISCUSSIONS * CHRONICLE - WHERE THE MUSIC IS RISING IN CRESCENDO !

               
                                   

Friday, February 07, 2014



The government constituted the Seventh Central Pay Commission under the chairmanship of retired Supreme Court judge Ashok Kumar Mathur to review the salaries of over 5 million employees.

The panel will submit its report in two years and the recommendations would be implemented from January 1, 2016, a Finance Ministry statement said. 

Prime Minister Manmohan Singh has approved the composition of the Commission that has one full-time and one part-time member, besides the chairman, the statement added.

Petroleum and Natural Gas Secretary Vivek Rae has been appointed a full-time member, while National Institute of Public Finance and Policy director Rathin Roy is a part- time member. Meena Agarwal, an officer on special duty in the finance ministry's expenditure department, has been appointed the Commission's secretary.