Panel studying financial implications of PRC
[ad_1]
The three member committee headed by Chief Secretary Somesh Kumar began analysis of financial implications of the suggestions made by the Pay Revision Commission on the State exchequer.
The committee resolved to look at intimately the financial implications on account of the requests made by the staff associations. The Finance division was requested to submit a report on this regard to the committee duly analyzing all purposes intimately and the financial implications to assist determine additional course of motion.
The committee comprising principal secretaries K. Ramakrishna Rao (Finance) and Rajat Kumar (Irrigation) summarised the representations obtained from the staff’ unions requesting steep enhance within the fitment profit over and above the 7.3 % really useful by the PRC. Mr. Ramakrishna Rao recalled that a big quantity of staff associations requested that they need to be given a chance to satisfy the three member committee and submit their representations relating to the PRC suggestions. He defined concerning the highlights of the Union Budget offered within the Lok Sabha as additionally the suggestions of the XV Finance Commission relevant to States over the following 5 years.
The assembly mentioned concerning the implications of the Union Budget proposals for the State. The Chief Secretary directed the officers involved to formulate a schedule for additional conferences with the representatives of the staff associations.