Pay Hike for Babus - Sixth pay commission report

Good news for our hardworking babus .. There will be hike in their salaries as per the recommendations of 6th pay commissions (election) report.. oops .. After conquering farmers with the farm loan wavier, UPA is ready for its next big election campaign ( using tax payers money though) with a package for Govt Employees.

The Sixth Pay Commission headed by justice B N Srikrishna today submitted its recommendations to Finance minister P Chidambaram this morning at the North Block.

Commission officials were tight lipped about the recommendations but added that the report had "right to reconcile the needs of employees with the overall fiscal situations".

According to sources, the finance ministry will now vet the recommendations before proposing them for a final decision by the government.

Source added that Chidambaram is likely to discuss the matter with Prime Minister Manmohan Singh as well.

Pay Commission was set in October 2006 and is widely expected to suggest an over 30% increase in salaries of 4.5 million central government employees.

The fifth pay commission recommendations sent many states into so called depression which took them upto 7 years to recover from it.. Dont know what happens this time.

Anyhow UPA is spending tax payers money to buy votes for the upcomming state and central elections.

Cheers