Seventh pay Commission for Central Government Employee Announced by Finance minister Mr. P. Chidambaram
- This would be effective from January 1 2016
- This is just an announcement
- A committee would be formed
- Chairman to be announce d soon
- Would benefit 50 lakh current employee
- Would benefit 30 lakh pensioners
- Commission takes around 2 years to complete its report of recommendation
- It is up to the government to follow this recommendation.