What Does The 7th Pay Commission of Modi Govt. has for the J&K and Ladakh Employees7th Pay commission of Modi govt has many allowances for the employees of J&K and Ladakh

通过Vinayak Sharma

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

PIB

In a major declaration, the Modi government has said all administration representatives of the Union Territories of Jammu and Kashmir and Ladakh will get financial facilities according to the 7th Pay Commission recommendations from October 31. The move will help over 4.5 lakh government workers of these UTs. The administration will bear around Rs 4,800 crore worth of cost because of the usage of the seventh Pay Commission in the UTs.

According to the Business Today, Government statement said "Union Home Ministry has issued orders in this regard. The move will benefit 4.5 lakh government employees, who are working in the existing state of Jammu & Kashmir, and will become the employees of UT of Jammu & Kashmir and UT of Ladakh from 31st October 2019,"

Also Read:How Indo-China Informal Meet would Benefit Indian Business

The statement added that Union Home Minister Amit Shah has additionally affirmed the proposition to pay every single other allowance, including children education allowance, transport stipend, LTC, fixed medical allowance, to these employees

The seventh pay commission alongside the financial allowance for the administration representatives of Ladakh and J&K will overhaul and bring change in the lives of UT's residents. This would likewise pull in more employment and would create encouraging enthusiasm for the young aspirants.

Also Read:How Modi Will Bring Ease in Indian Start Up Business With Global Investments

"The annual budgetary implications of seventh CPC allowances like children education allowance, hostel stipend, transport allowance, LTC, fixed medical allowance, in respect of 4.5 lakh Government representatives of existing State of Jammu and Kashmir will be Rs 4800 crore probably," said the announcement.

Wavy Line
Vinayak Sharma

Entrepreneur Staff

Correspondent, Entrepreneur India

Related Topics

Money & Finance

How to Make Money Online: 10 Proven Ways to Make Money Online

Need to know how to make money online as a side gig or new career? Check out this breakdown of the 10 top online money-making methods.

News and Trends

Farmology Secures Seed Funding By India Accelerator-Backed iAngels

The company plans to utilize the funds to improve the platform, enhance customer experience and build a larger stack of wellness services on the platform

News and Trends

PayU To Sell Its Global Payment Organisation To Rapyd For $610 Million

As per the company, the transaction will enable PayU to focus on the India's fintech opportunity, serving more than 450,000 merchants and more than 2 million credit customers

News and Trends

Aditya Birla's Hospitality Arm Acquires KA Hospitality

KA Hospitality was founded by the late Kishor Bajaj in 2011 and later Karyna Bajaj, took over as executive director in 2016

Thought Leaders

I Pitched 300 People a Day For 1 Year — and Learned This Impactful Entrepreneurial Lesson

After working myself to the bone pitching 300 people each day for one year, I came out of that experience as a new man — but surprisingly, an unhappier one. Here's what I learned.