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TN govt announces pay hike for govt employees
Tamil Nadu government has announced huge increases in the state government employees' income ranging from Rs 1,774 to Rs 7,300 per month. The pay hike is going to cost the TN government a whooping sum of Rs 5,155.79 crore
FOLLOWING THE recommendations of a special committee and sixth pay commission, Tamil Nadu government on Sunday (May 31), announced huge increases in the state government employees' income. The income hike will range from Rs 1,774 to Rs 7,300 per month
 
 
The arrears of the pay hike will be calculated from January 01, 2006 onwards and will be payed in three equal installments between current financial year and 2011. The pay hike is going to cost the TN government a whooping sum of  Rs 5,155.79 crore.
 
The pay hike is expected to shoot up the government's annual expenditure by Rs 5,155.79 crore, while the initial cost would be around Rs 11,093 crore, an official statement said.
 
On the basis of the recommendations of a special committee and the Sixth Pay Commission, the government has decided to hike salaries of its employees despite additional initial financial burden and increased annual expenditures, it said.
 
The implementation of pay hike is going to benefit 12 lakh government employees from office assistants to deputy collector and six lakh pensioners.
 
 
Besides the pay hike, the government has also doubled all kinds of allowances, including HRA, CCA and daily allowances on the lines of sixth pay commission for Central Government Employees.
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