7th Pay Commission: Big Flaw Discovered! These employees to get CORRECT salary after three years!
7th Pay Commission Latest News Today: The Railway Ministry (Railway Ministry) has noticed a big flaw in the salary paid to employees.
7th Pay Commission Latest News Today: The Railway Ministry (Railway Ministry) has noticed a big flaw in the salary paid to employees. This will help those employees who got promotion before 1 January 2016. These employees are Chief Loco Inspectors. In fact, since 1 January 2016, they were getting less salary than junior officers. Railway Ministry has ordered to remove this pay gap.
The copy of Railway Ministry's order is with Zee Business. It says that that the loco pilot hired before January 1, 2016, became Chief Loco Inspector after getting promotion. But their salary is less than loco pilots recruited after 1 January 2016.
Railway board has also given the reason that junior staff got the benefit of 7th Pay Commission but the earlier ones remained untouched by it. Therefore, seniors' salary will be increased now. According to sources, this will increase the salary of senior staff by thousands of rupees.
In 7th Pay Commission, the pay metrics of the Loco Inspector was fixed at Rs 74000 while the Chief Loco Inspector's Matrix was fixed at Rs 78000. At the same time, the Matrix of Loco Pilot Mail / Express was fixed at Rs 74000 a month. The basic pay of loco pilot passenger/motorman was Rs 65000.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
01:48 PM IST