The 7th Central Pay Commission (CPC) is likely to submit its final report to finance ministry on November 20 which is due for implementation from January 1, 2016.
More than 48 lakh serving central government employees and 54 lakh pensioners will be impacted by the 7th CPC, which is likely to recommend an average hike of 15 percent, said a source.
The 900-page report is believed to have made suggestions on parity of 36 organised 'Group A' services with the IAS, which has so far largely dominated superior positions in the central government.
Read full report @ http://auto.economictimes.indiatimes.com/news/industry/seventh-pay-panel-may-propose-15-average-hike/49813000
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