Maha CM to implement 7th Pay Commission

With Chief Minister Devendra Fadnavis assuring that the state would implement the seventh pay commission, it would add a burden of Rs 21,000 crore per year. The state Government after 2017 budget had a debt burden of Rs 3.17 lakh crore. 

On Wedesday, Fadnavis assured the Maharashtra State Gazetted Officers’ Federation that the state was in its final stages on its decision of bringing the retirement age to 60 from currently prvailing 58 and implementing a five day week. 

Speaking to DNA, G D Kulthe, founder and advisor of the Federation said, “the salary rise after implementing seventh pay commission would cost the state exchequer Rs. 15 thousand crores and the allowances would cost the Government to the tune of Rs 6000 crore. Together, implementation of seventh pay commission would cost Government Rs 21,000 crore.” 

An finance department official informed that as far as the debt to GDP ratio is maintained there is no issue. He explained that only when debt becomes 25 per cent of the GDP (Rs 6.14 lakhs in Maharashtra’s case), it would be a matter of concern. Maharashtra debt burden is likely to reach Rs. 4.13 lakh crores by this financial year end.

Kulthe also informed that the demand for implementation of seventh pay commission has received support from Congress President Ashok Chavan and Shiv Sena President Uddhav Thackeray and Fdanavis is seriously considering it.