Tamil Nadu government announces massive pay hikes

May 31st, 2009 - 7:13 pm ICT by IANS  

Chennai, May 31 (IANS) The Tamil Nadu government Sunday announced huge increases in the salaries of its employees ranging between Rs.1,774 and Rs.7,300 per month.
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 total payment will be paid in instalments between the current financial year and 2011,” the statement added.

According to the statement, the salary increments will range between Rs.1,774 and Rs.7,300 per month from office assistant to deputy collector.

Tags: , , , , , , , , , ,

Posted in Business |