STOCK MARKET BSE NSE

KCR Announces 43% Fitment to Govt Staff

Published: 06th February 2015 06:04 AM  |   Last Updated: 06th February 2015 06:04 AM   |  A+A-

HYDERABAD: Chief Minister K Chandrasekhar Rao on Thursday announced 43 per cent fitment in pay scales for around three lakh State government employees. The salary hike will be implemented retrospectively from 2 June 2014 with effect from March.

The move entails an additional burden of `6,500 crore per year on the exchequer. The announcement, though delayed, has had the employees in raptures and came after a series of deliberations between the government and the employee unions. The arrears from June last will be added to the GPF of employees, which means 8.5 per cent interest too. Speaking to reporters at the Secretariat before leaving for Delhi on a five-day visit, the Chief Minister said the pay revision was announced as the Election Commission may announce schedule for elections to vacant seats in the Legislative Council any time.

“If the Model Code comes into force, the announcement will be delayed till April,” he pointed out and lauded the role of the employees in the Telangana movement, particularly in the 42-day Sakala Janula Samme, which he termed historic. The 10th Pay Revision Commission recommendations were submitted before the formation of Telangana State to the then government of the united AP.

More from Hyderabad.

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp