Thursday, February 28, 2008

Railway People will get first benefit of 6th pay revision

"The Railway Minister, Mr Lalu Prasad, has made a provision of Rs 4,500 crore to meet the impact of the recommendations of the Sixth Pay Commission during the coming fiscal. Of this, Rs 4,000 crore would go towards covering the revised salary bill of serving employees and another Rs 500 crore for pensions." Read full story at here. This is the latest news about 6th pay commission.
Indian railway is the biggest employer in India with strength of employees 16 lakh (1.6 million).

1 comment:

Anonymous said...

Kudos to Mr.Lalu Prasad, who has thought about the Railway workers financial requirements while preparing the budget. The employees are paid salaries lower than the prevailing in the market