GAIL is hiring: 151 various vacancies available

MAHARATNA PSU GAIL (India) Limited has released an employment notification inviting candidates to apply for various vacant positions. The last date for submission of application is September 15. GAIL (India) Limited has released an employment...

Seventh Pay Commission hike notified: 10 things to know

THE Finance Ministry has notified the salary hike based on Seventh Pay Commission recommendations. This means lakhs of government employees will receive higher salaries likely from next month. The notification is dated July 25, 2016. About 1 crore employees and pensioners will benefit from the pay hike, effective from January 1, 2016. The recommendations cover 47 lakh Central government employees and 53 lakh pensioners. This includes 14 lakh serving employees and 18 lakh pensioners in defence forces.
The entry level pay has been raised to Rs 18,000 per month from current Rs 7,000 with effect from January 1, 2016, while the maximum pay, drawn by the Cabinet Secretary, has been fixed at Rs 2.5 lakh per month from current Rs 90,000. The notification provided for a consolidated monthly pay package of Rs 4.5 lakh for chairpersons of sector regulators and Rs 4 lakh for their members. These included Telecom Regulatory Authority of India, Central Electricity Regulatory Commission, Insurance Regulatory and Development Authority, Securities and Exchange Board of India, Competition Commission of India, Pension Fund Regulatory and Development Authority, Petroleum and Natural Gas Regulatory Board, Warehousing Development and Regulatory Authority, and Airports Economic Regulatory Authority of India.
The Pay Commission had recommended abolition of 53 out of 196 allowances that the government employees currently get and moderation in several others.
Here are the key highlights...