KNOWLEDGE SIR

7th pay commission: Good news for these employees 7th pay commission: The Modi government on Tuesday approved proposal to extend the 7th Central Pay Commission benefits to the teachers and other academic staff of the state government/ government aided degree level technical institution in the country.  The move would have additional Central Government liability of Rs 1241.78 crore.  The Central government would reimburse 50 per cent of the total addition expenditure (from 1.1.2016 to 31.3.2019) to be incurred by these institutes for payment of arrears on account of  7th Central Pay Commission . Meanwhile, over 50 lakh employees are hopeful that Modi government might announce some relief in its interim busget on February 1. If several media reports are to be believed then the central staff could also expect a salary hike.  The government reportedly is likely to discuss the much-awaited demand of salary hike and increase in fitment factor. Earlier, t...