Wednesday, July 20, 2011

Finance Ministry not to revise salary hike decision

Despite the employees continuous picketing of Finance Ministry, the ministry is determined to stick to its decision and not revising it upwards.
“We cannot revise salary structure according to the demand of the employees,” a source at the ministry said, joking that the equal salary hike asked by the employees cannot bring socialism in the country.
Salary is tied up with positions and performances but the employees have been asking for Rs 5,000 hike irrespective to the positions from lower to the higher level to make it socially equitable.
The budget for the current fiscal year has been hiked salary by 21.95 per cent in real terms. However, according to the budget for the current fiscal year, the salary has been hiked ranging from 30.39 per cent to 42.86 per cent considering the current rate of inflation according to the recommendations of a committee headed by chief secretary to keep the high morale of all government employees including civil servants, army, police, and teachers.
But the budget has adjusted dearness allowance of last year to the new pay scale making it a hike of 21.95 per cent in real term.
But the employees, who are picketing the Finance Ministry since last three days, are asking for Rs 5,000 hike irrespective to the ranks. According to the current hike the minimum hike of a lower level comes to Rs 1,800 and a higher level comes to Rs 8,000, the employees said.
According to the Finance Ministry, it is the highest hike so far after 2000-01.
After the hike in the budget for the current fiscal year, the government will have to bear additional burden of Rs 21 billion. Of the Rs 21 billion, Rs 7 billion has been adjusted from the last fiscal year’s dearness allowance, and the real additional burden to the government this fiscal year will come to Rs 14 billion only, the ministry source said, adding that the salary of Defence, Home and Education Ministry has been already transferred under the ministries’ heading.
The budget by Mahesh Acharya for the fiscal year 2000-01 had significantly scaled up the salary structures of army, police, civil servants, teachers and professors.
It had revised the salary of government staffs by 16 to 90 per cent so that the lowest graded staff's salary was fixed at Rs 3000 and the highest graded one's salary had reached Rs 15,000.

1 comment:

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