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Mysuru's Evening Daily · Since 1978
Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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7th Pay Commission: Govt. employees may get 24 percent wage hike

Bengaluru: Even as the Seventh Pay Commission constituted by the State Government for wage revision of Government employees, is yet to submit its report, it is said that the State Government will…

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Published February 23, 2024 · 1 min read
7th pay commission: govt. empl

Bengaluru: Even as the Seventh Pay Commission constituted by the State Government for wage revision of Government employees, is yet to submit its report, it is said that the State Government will have to incur an additional annual expenditure of Rs.15,431 crore if the wages of Government employees are hiked by 24 percent, in keeping with the anticipated recommendation of the 7th Pay Commission. This additional burden also finds a mention in the State budget which was presented by Chief Minister Siddaramaiah, who also holds the Finance portfolio, on Feb.16.

The Seventh Pay Commission is expected to submit its report by Mar.15, which is the deadline set by the State Government. According to Government estimates, the wage bill of Government employees for the year 2023-24 was Rs.65,003 crore. However, following the likely revision, the Government has to set aside Rs. 80,434 crore for the year 2024-25, which means an increase of Rs. 15,431 crore from that of the previous financial year.

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