Union Budget of India 2016 – 17 | Finance Ministers Budget Speech Latest News

Union Budget of India 2016 – 17 | Finance Ministers Budget Speech Latest News:

u budget

The Railway Minister Suresh Prabhu might be presenting the Railway budget for the financial year 2016-17 in the month of February 2016.

After the Rail Budget 2016-17 announced the Finance Minister of India will be presenting the Union Budget of India for the financial year 2016-17.

Normally the Union Budget of India for every financial year will be presented on the last working day of the month of February.

Every year the Finance Minister of India will be presenting the Union Budget of India for the financial year in the Parliament.

On February 29, 2016 the Honourable Finance Minister Arun Jaitley presented the Union Budget of India for the financial year 2016-17 in the Parliament.

India Budget official website will be providing the live webcast of the Union Budget of India for the year 2016-17 to be presented by the Finance Minister of India.

TV News Channels like Aaj Tak, India TV, ZEE NEWS, NDTV INDIA, IBN 7, News Live and INDIALive24 might be providing the live updates regarding the Union Budget of India for the year 2016-17.

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Top 10 Blogs, Reviews on 7th Pay Scale Commission Report

 7th Pay Scale Commission РTop Sites Reviews , Report on 7th Pay Commission

2 | Page SIXTH CPC PAY STRUCTURE PROJECTED PAY STRUCTURE FOR 7th PAY COMMISSION Name of Pay Band/ Scale Corresponding Pay Bands Corresponding

Proposed 7th CPC Pay Scale by INDWF Proposed new pay scales after removal of existing Grade Pay Rs.1900, Rs.2400, Rs.4600 and Rs.8700 in order to reduction of pay

Source : www.govtempdiary.com
Proposed 7th CPC Pay Scale by INDWF CENTRAL

7th pay commission, 7th cpc news, 7th central pay commission, 7th pay scale, 7th projected pay scale, 7th expected pay scale, expected da, dopt orders.

Source : 7thpaycommissionnews.in
7th PAY COMMISSION NEWS – CENTRAL GOVERNMENT

Expected 7th Pay Commission Pay Scale Calculator as on 1.1.2016 Eagerness about Pay Hike Led to the Formation of the Estimate Calculator for Central Government

Expected 7th Pay Commission Pay Scale Calculator as on 1.1.2016 Eagerness about Pay Hike Led to the Formation of the Estimate Calculator for Central Government

proposed pay structure of 7th cpc-nc jcm staff side: hike in house rent allowance – travelling allowance: expected pay scale of 7th pay commission

Sep 13, 2015 7th Pay Commission – Scales, News, Expected Pay Scale Updated on 09/13/2015 at 01:09:54 Scales, News, Expected Pay Scale Grade of Central

 

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Comparison Table Chart of All Pay Commission Report 1 to 7

What is Pay Commission of India?

It is a set up formed by the indian government intermittently to suggest on the pay & wage structure to its workers. As on date there were 7 pay commission set up on a regular basis that reviews and recommends salary metrics for both civil and military sectors of govt. of India.

here are complete time table of appointment & submission of recommendations of the so far held pay commissions

Federal Pay Commissions Appointment Date Submission date
1st Pay Commission May, 1946 May-47
2nd Pay Commission August, 1957 Aug-59
3rd Pay Commission April, 1970 Mar-73
4th Pay Commission June, 1983 Jun-86
Fifth Pay Commission April, 1994 Jan-97
Sixth Pay Commission October, 2006 Mar-08

What is 7 th Pay-Commssion?

The seventh commission was recently commissioned by the indian government to increase the salary structure comprising allowances for central govt., railway and defense workers.

This below mentioned table of fourth CPC in contrast to v th and vi th central pay commission compares pay scales, pay band and grade pay

SL. NO Fourth Fifth Sixth
GRADE SCALE Name of Pay Band/Scale Pay Bands/ Scale
1 750-12-870-14-940 S-1 2550-55-2660-60-3200
2 775-12-871-12-1025 S-2 2610-60-3150-65-3540
3 775-12871-14-955-
15-1030-20-1150 S-2A 2610-60-2910-65-3300
-4070 -1S 4440-7440 1600
4 800-15-1010-20-1150 S-3 2650-65-3300-70-4000
5 825-15-900-20-1200 S-4 2750-70-3800-75-4400
6 950-20-1150-25-1400/
950-20-1150-25-1500/
1150-25-1500 S-5 3050-75-3950-80-4590 PB-1
7 975-25-1150-30-1540/
975-25-1150-30-1660 S-6 3200-85-4900 PB-1
8 1200-30-1440-30-1800/
1200-30-1560-40-2040/
1320-30-1560-40-2040 S-7 4000-100-6000 PB-1
9 1350-30-1440-40-1800
-1891.57
-2350 S-8 4500-125-7000 PB-1
10 1400-40-1600-50
-2300-60-2600/
1600-50-2300-60-2660 S-9 5000-150-8000 PB-2
11 1640-60-2600-75-2900 S-10 5500-175-9000
12 2000-60-2120 S-11 6500-200-6900
13 2000-60-2300-75-3200/
2000-60-2300
-6775 S-12 6500-200-10500 PB-2
14 2375-75-3200-100-3500 / 2375-75-3200
-7475 S-13 7450-225-11500 PB-2
15 2500-4000 S-14 7500-250-12000
16 2200-75-2800-100-4000/
2300-100-2800 S-15 8000-275-13500 PB-2
17 2200-75-2800-100-4000 NEW SCALE 8000-275-13500
(Group A Entry) PB-3 15600-39100 5400
18 2630/- FIXED S-16 9000
19 2630-75-2780 S-17 9000-275-9550
20 3150-100-3350 S-18 10325-325-10975
21 3000-125-3625/
3000-100-3500-125-4500/ 3000-100-3500-125-5000 S-19 10000-325-15200 PB-3
22 3200-100-3700-125-4700 S-20 10650-325-15850
23 3700-150-4450/
3700-125-4700-150-5000 S-21 12000-375-16500 PB-3
24 3950-125-4700-150-5000 S-22 12750-375-16500
25 3700-125-4950-150-5700 S-23 12000-375-18000
26 4100-125-4850-150-5300/
4500-150-5700 S-24 14300-400-18300 PB-4
27 4800-150-5700 S-25 15100-400-18300
28 5100-150-5700/
5100-150-6150/
5100-150-5700
-6500 S-26 16400-450-20000 PB-4
29 5100-150-6300
-6900 S-27 16400-450-20900 PB-4
30 4500-150-5700
-7500 S-28 14300-450-22400 PB-4
31 5900-200-6700/
5900-200-7300 S-29 18400-500-22400 PB-4
32 7300-100-7600 S-30 22400-525-24500
33 7300-200-7500
-8250 S-31 22400-600-26000 HAG+
SCALE 75500-80000 NIL
34 7600/-FIXED /
7600-100-8000 S-32 24050-650-26000 HAG+
SCALE 75500-80000 NIL
35 8000/- FIXED S-33 26000(FIXED)
36 9000/- FIXED S-34 30000(FIXED)

Here is the previous year sixth pay commission giving amened Pay Band PB, Grade Pay GP, SP Starting Pay in PB & EP Entry Pay

Pre revised PB PB GP
S-1, S-2 PB-1 5200-20200 1800
S-3 PB-1 5200-20200 1800
S4 PB-1 5200-20200 1800
S-5 PB-1 5200-20200 1900
S-6 PB-1 5200-20200 2000
S-7 PB-1 5200-20200 2400
S-8 PB-1 5200-20200 2800
S-9 PB-2 9300-34800 4200
S-10 PB-2 9300-34800 4200
S-11 PB-2 9300-34800 4200
S-12 PB-2 9300-34800 4200
S-13 PB-2 9300-34800 4600
S-14 PB-2 9300-34800 4800
S-15 PB-2 9300-34800 5400
New PB-3 15600-39100 5400
S-16 PB-3 15600-39100 5400
S-17 PB-3 15600-39100 5400
S-18 PB-3 15600-39100 6600
S-19 PB-3 15600-39100 6600
S-20 PB-3 15600-39100 6600
S-21 PB-3 15600-39100 7600
S-22 PB-3 15600-39100 7600
S-23 PB-3 15600-39100 7600
S-24 PB-4 37400-67000 8700
S-25 PB-4 37400-67000 8700
S-26 PB-4 37400-67000 8900
S-27 PB-4 37400-67000 8900
S-28 PB-4 37400-67000 10000
S-29 PB-4 37400-67000 10000
S-30 PB-4 37400-67000 12000

Finally the projected seventh pay commission showing revised pay bands, grade, starting and entry pay

PAY SCALE PB PAY BAND GRADE PAY
S-1, S-2, 1 13600-46600 7300
S-3 1 13600-46600 7300
S4 1 13600-46600 7300
S-5 1 13720-46720 7400
S-6 1 13840-46840 7600
S-7 1 14320-47320 8200
S-8 1 14800-47800 8800
S-9 2 25500-81600 14400
S-10 2 25500-81600 14400
S-11 2 25500-81600 14400
S-12 2 25500-81600 14400
S-13 2 25980-82080 15000
S-14 2 26220-82320 15300
S-15 2 26940-83040 16200
New 3 40800-92500 21800
S-16 3 40800-92500 21800
S-17 3 40800-92500 21800
S-18 3 42240-93940 23500
S-19 3 42240-93940 23500
S-20 3 42240-93940 23500
S-21 3 43440-95140 25000
S-22 3 43440-95140 25000
S-23 3 43440-95140 25000
S-24 4 92720-157840 45800
S-25 4 92720-157840 45800
S-26 4 92960-158080 46100
S-27 4 92960-158080 46100
S-28 4 94280-159400 47800
S-29 4 94280-159400 47800
S-30 4 96680-161800 50700

 

7th Pay Commission India 2016 Latest Updates | Seventh Central Pay Commission

7th Pay Commission India 2016 Latest Updates | Seventh Central Pay Commission:

7th pay commission of india

The Government of India had set up the Pay Commission intermittently which provides its recommendation to regarding changes in salary structure of its employees.

So for six Pay Commission had been announced by the Government of India and the finance minister P Chidambaram had informed that Prime Minister Manmohan Singh has approved the constitution of the 7th Pay Commission dated 25th September 2013.

He also stated that the seventh Pay Commission likely to be implemented with effect from January 1, 2016 in India and the Justice A.K Mathur will be heading the Seventh Pay Commission.

Vivek Rae who is the Secretary, Ministry of Petroleum and Natural Gas will be the Full time Member while Dr. Rathin Roy Director, NIPFP will be the Part Time Member and the Secretary will be Meena Agarwal of OSD, Department of Expenditure, Ministry of Finance.

Central Pay Commissions Date of Submission of Report
First Pay Commission May, 1947
Second Pay Commission August, 1959
Third Pay Commission March, 1973
Fourth Pay Commission Three Reports submitted in June, 1986;December, 1986 and May, 1987
Fifth Pay Commission January, 1997
Sixth Pay Commission March, 2008

http://7cpc.india.gov.in/

 

TV Websites Magazines Reporting Live Indian Railway Budget 2014

railwayIf you want to watch the live speech of Mallikarjune khagre over the New Railway Budget of India for the period from 01-04-2014 to 31-03-2015 that is getting Live Streaming Online and telecast through the tv channels and podcasted in the official websites then you have come to the right place.

Following are the list of dailies, daily, weekly, bi-weekly, monthly news papers and magazines now printing the updated flash breaking news of Railway Budget 2014-15.

  • Business Standard
  • Daily News and Analysis DNA
  • Deccan Chronicle
  • Financial Express
  • Hindustan Times
  • Punjab Kesari
  • Rajasthan Patrika
  • The Economic Times
  • The Hindu
  • The Indian Express
  • The Telegraph
  • Times of India

Apart from the aforesaid the tv media are the first to make it public through their television channels to the viewers the interim indian rail budget and are broadcasted via the major news channels and general channels here are

  • ABP News
  • Aaj Tak
  • BBC India
  • Bloomberg UTV
  • CNBC TV18
  • CNN IBN
  • DD News
  • Headlines Today
  • IBN7
  • India TV
  • Lok sabha TV
  • NDTV India
  • NDTV Profit
  • News Nation
  • Newsx
  • Rajya Sabha TV
  • Sahara Samay
  • Times Now
  • Zee News

Let us see which are the states of india that are likely to get the new list of new trains

  • Andhra Pradesh
  • Assam
  • Bihar
  • Gujarat
  • Jharkhand
  • Karnataka
  • Kerala
  • Madhya Pradesh
  • Maharashtra
  • Orissa
  • Punjab
  • Rajasthan
  • Tamil nadu
  • Uttar Pradesh
  • Uttarakhand
  • West Bengal

Finally the official authorized websites that are blogging, posting and receiving live comments from the public against the live record of khagre’s railway budget 2014 are

  • bloomberg.com
  • dnaindia.com
  • firstpost.com
  • ibnlive.in.com
  • in.reuters.com
  • indianexpress.com
  • indianrailwayemployee.com
  • indianrailways.gov.in
  • indiarailinfo.com
  • indiatoday.intoday.in
  • jagranjosh.com
  • moneycontrol.com
  • ndtv.com
  • post.jagran.com
  • rediff.com
  • saharasamay.com
  • thehindu.com
  • timesofindia.indiatimes.com