Indian Buraeucracts To Get Fat Checques But ……
Indian economy has been one of the fastest growing economies in the world for last one decade or so. Its Gross Domestic Product (GDP) has been growing consistently over 7 percent. The India Central Government has finally decided to reward its 3.5 million strong civil servants by way of its Sixth Pay Commission recommending and increase of 30-40 percent salary hike.
But initial reactions to the recommendations are that of disappointment because in the words of Justice B.N. Srikrishna, chairman of the commission,
” I told the finance minister that my recommendations will displease everybody…… ”
But nobody - neither political parties nor employees’ unions have commented so far on the 658 page report.
It seems that the biggest beneficiaries will be those in the higher echeleon of the bureaucratic hierarchy. The contentious issue about the report is that - it recommended pay hike but at the same time it wants the government to trim its workforce. It also recommended downsizing the service tiers from 35 at present to 20 tiers. It also recommends for introducing 5 pay bands to cover all ranks.
The civil servants are to get rank pay along with basic salary. For example, the highest ranked officer in India, the Cabinet Secretary will get a consolidated monthly salary of Rs. 90,000 besides allowances and perks. But still it is far too low than those CEOs in private companies. What is attractive though is the position, security and other related benefits that come along with a government official.
PS: I’ll follow-up this post with Salary hike in PVT. sector within next few days and make a comparision.
March 28th, 2008 at 3:31 am
Lot of rubbish has been written about the bonanza for the central govt. employees.I am a recently retired cgs and so was my father but as my father warned me way back when I joined govt service is SECURED POVERTY whch is true even today except for the largesse granted by the fifth pay commission which prevented me and millions of ohers like me from sinking.People who are enamoured of a lavish style of a few of their friends and relatives should also know which department of the govt they are working and the source of their income.I still maintain that an IAS officer ,the highest paid govt. servant who joins govt service cannot buy a decent flat in a good locality in any of the metro towns today not to speak of lower cadres.A govt. servant on duty cannot think of staying in hotel or hiring a taxi on tour esp in metro cities which this pay commission has corrected.Getting some inflated salary at this juncture is no big deal as it will just cover the cost of inflation and future shocks.
March 28th, 2008 at 3:33 am
ok
March 30th, 2008 at 6:45 am
This huge pay hike could be the solution for the corruption problem.
RK
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