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announcefment by the Government for the pay hike of the Central Govt employees after 10 years has virtually created brouhaha in media.
News are being given in a manner which are creating wrong impression in public. The only article that has analysed the issue in rational manner and which came to my notice is that written by Shri Ravish.
Rest are saying that the salary of govt employees has become more than doubled as if those who were getting gross salary of say Rs. 50,000 as on 31.12.2015 will be getting more tha Rs. 1 lakh. It is not true. As on 01. 01. 2016, there was 119% of DA (to offset the effect of inflation) on basic salary which will become zero once salary is fixed as per 7th pay commission. So as on 01. 01. 2016, govt employees were already getting more than double of the basic salary. As on 01.01.2016, employee at basic salary of Rs.7000 was getting Rs. 15330 as salary plus DA which will now be Rs 18000 and hence the increase for him is only of Rs 2670. Considering Housing allowance and Traveling allowance, total increase in gross salary is about 23.5%. This increase is given after 10 years and will continue to be the same for another 10 years.
Now the question comes, is it more or less? Let's examine it objectively.
23.5% is the real hike in the salary of the employees over 10 years which is over and above the 3% annual increment. This increase is to be seen in the backdrop of economic growth over a decade. On an average Indian economy has grown @ 7.6% in the last decade. This, with annual increment of 3%, actual growth in the income of Govt employees lagged behind by 4.6% per annum. Even by simple arithmetic calculation, over 10 years the salary could not keep pace with economic growth and lagged by 36% ( actually it comes to 57% by compounding method).
Against this backdrop hike of 23.5% does not seem adequate specifically when this hike is going to stay for another 10 years.
watched some debate on the issue where comparison was made with private sectors.
Let's see this also. As per one report of 2015 the annual salary of Chairman/ CEOS of Indian companies were as follows:
Kalanithi Maran Rs.59.89 crore,
Kaveri Kalanithi Rs.59.89 crore,
Naveen Jindal Rs.54.98 crore,
Kumar Magalam Birla Rs. 49.62 crore
Pawan Munjal Rs. 32.73 crore
Brij Mohanlal Munjal Rs. 32.73 crore
Sunil Kant Munjal Rs. 31.51 crore
P. R. R. Rajha Rs. 30.96 crore
Murli K Divi Rs. 26.46 crore
Now the Cabinet Secretary which is actually CEO of the Govt of India will be getting only 2.5 lakh per month or 30 lakh per annum.
where is the comparison? No, no, no don't say that their salaries are inclusive of profit on their investment, not at all. Profits are separately taken as dividend etc.
How many times you have heard debate on this fat pay cheque? Do not say that public money is not involved there.
All Public Ltd. Companies are getting public money through public issues of shares.
Now, see the real terms picture. In the year 2006 those who were getting 7000 will now get 18000. In 2006, gold price was Rs 8400 per 10 gms which is at present Rs. 30000. An employee receiving Rs. 7000 was able to purchase 8.33 grams of gold with one month salary while with enhanced salary of Rs. 18000 he will be able to buy only 6 grams of gold today.
Is this a cause for cheer and all these debates ? If comparison is made in terms of real estate price rise, the situation will be worse.
Some more examples will open the eyes of the critics.
Annual fee of IIT has been recently enhanced from Rs. 50 thousand to Rs 2 lakhs. 4 times hike. If a middle level officer's both son qualify for IIT, he will have to pay Rs. 34000 per month towards fee only. Even if his salary is about Rs 75000, he won't be able to afford this fee. As out of Rs 75000, about 7000 will go towards income tax, 5000 towards GPF, 15000 house rent. He will be left with Rs 48000 and if fee of Rs 34000 is paid he will be left with Rs 14000 to feed the family and run the household.
Is it possible?
Have you ever analysed how a journalist becomes owner of a news channel in short span of time?
What's the entry level salary and what is the amount involved in owning a news channel? Whether rise in that sector is lower compared to Central Govt employees?
It is damn easy to talk about the salary, efficiency, morality and accountability of babus but it is damn difficult to live the life of a Govt servant.
What is the accountability of media, corporate houses, various NGOs, those analysts ? Compared to them accountability of Govt employees is much higher.
Forces shed blood on such meagre income
Media should be ashamed & doing propaganda like a paid media
On top of it FM is comparing it with peon.
What is his job content & his performance . A trained soldier cannot be compared . He sheds bloods for your safe living. A peon does not gives you even a cup of tea . It comes from canteen or from special cook in your cabin
Kindly spend next holiday along with your family + babus with families + media with families + corporate who say cost to company . with a soldier & nature in snow loaded mountains with chilly wind + cold breezed food . Your teeth may able to chew food or not but soldier will serve you with smile with broad chest
Then on return say your experience through media
.....
Col Lamba( one man army)
It is simple amazing but Sir, I feel there are a few only be held to value 'fauji' sentiment in our so called elite community of India. It is our ill-luck that we lag ideology in all space of life. We fail to create and improvise the situation needed aspiration to our next generation. With regards,
ReplyDeleteMathura Mohan Neogi
Dear
ReplyDeleteWe were kept aloof Non POLITICAL. No conversion with media.
Our silence has resulted this state
Dear
ReplyDeleteWe were kept aloof Non POLITICAL. No conversion with media.
Our silence has resulted this state