Its the new update about 7th pay commission. It was Jaitley who had in fact said that all contentious issues relating to the 7th Pay Commission would be looked into and resolved. In his absence, there were only discussions on the official level, but no decision could be taken.

Today a communique from the Rashtrapati Bhavan read, ” “The President of India, as advised by the Prime Minister, has directed to assign the portfolios of the minister of finance and minister of corporate affairs to Shri Arun Jaitley.” Jaitley takes back charge at a very crucial time, as the government prepares for the final lap of economic consolidation in the run up to the 2019 Lok Sabha elections. There are a host of financial decisions that Jaitley would take, which would also include the pending issues relating to the 7th Pay Commission.

There are two developments that have taken place in recent times that have kept the Central Government employees on the edge. Firstly it was the government’s statement in the Parliament that no decision is being made relating to pay hike and increase in the fitment factor. Secondly, the government had also said that this issue would be considered after taking into account the financial situation. Now with Jaitley back in the hot seat, CG employees see a ray of hope. He is the man who will be taking all important financial decisions, which also includes the one on the 7th Pay Commission.