Cash starving J&K first state to approve 7th pay commission

Jammu and Kashmir on Tuesday became the first state to approve the implementation of the 7th pay commission recommendations for state government employees and pensioners with effect from January 2016. “The cabinet decision will benefit around five lakh employees and pensioners in the state. The financial implications will be Rs 4,201 crore per year while one-time arrears would cost the government Rs 7,477 crore,” J&K finance minister Altaf Bukhari said. “State government employees can now draw the salary for April 2018 as per the revised scales. Arrears of pensioners will…

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