• Breaking News

    Tuesday, 8 September 2015

    SEVENTH PAY COMMISSION REPORT WILL BE 'BADLY AFFECTED' FOLLOWING RECENT OROP ANNOUNCEMENT


    New Delhi: The recent One Rank One Pension (OROP) announcement has to take it toll on Seventh pay commission report for central government employees.

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    The Government has announced the One Rank One Pension scheme for the Ex-Servicemen. The estimated cost of One Rank One Pension (OROP) on arrears alone to the exchequer would be Rs 8000 to 10000 crore at present, and will increase further in future.

    Seventh pay commission will definitely bring also toll on the exchequer as government has to manage OROP’s expenditures before Seventh pay commission expenditures.

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