ADVERTISEMENT

7th Pay Commission: Central Govt Employees to Get up to 300% Hike

A hike of 200 percent was approved in allowances of Indian Railways employees earlier.

Published
India
2 min read
The recommendations of the 7th Pay Commission were initially expected to be implemented on 1 January 2016.
i

With a hike of over and up to 300 percent, the Centre has given central government employees handling cash and treasury a reason to celebrate.

A few days after the Centre extended 7th pay commission to academic staff, now the Cash Handling Allowance and Treasury Allowance have been subsumed in ‘Cash Handling and Treasury Allowance’.

Earlier, a hike of 200 percent was approved in allowances of Indian Railways employees.

ADVERTISEMENT

The allowances, earlier, had five categories based on the amount of the cash.

  • Allowance of Rs 230 for the handling of cash up to Rs 50,000,
  • Allowance of Rs 450 for cash over Rs 50,000 and up to Rs 2,00,000,
  • Allowance of Rs 600 for cash over Rs 2,00,000 and up to Rs 5,00,000,
  • Allowance of Rs 750 for cash over Rs 5,00,000 and up to Rs 10,00,000,
  • Allowance of Rs 900 for cash over Rs 10,00,000.
Now, with only two categories left, the allowances have been hiked to Rs 700 for cash up to Rs 5 lakh and Rs 1,000 for cash over Rs 5 lakh.
7th Pay Commission: Central Govt Employees to Get up to 300%  Hike
(Photo: Ministry of Personnel, Public Grievances & Pensions)
7th Pay Commission: Central Govt Employees to Get up to 300%  Hike
(Photo: Ministry of Personnel, Public Grievances & Pensions)

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

ADVERTISEMENT
Stay Updated

Subscribe To Our Daily Newsletter And Get News Delivered Straight To Your Inbox.

Join over 120,000 subscribers!
ADVERTISEMENT