Punjab Approves 6th Pay Commission for Aided Institutions Employees
By Rediff Money Desk, Chandigarh Jun 20, 2024 22:12
Punjab Finance Minister Harpal Singh Cheema has approved the implementation of the sixth pay commission for employees of aided institutions in the state, benefiting employees of schools, colleges, and retirees.
Chandigarh, Jun 20 (PTI) Punjab Finance Minister Harpal Singh Cheema on Thursday said his department has given an in-principle approval to implement the sixth pay commission for employees of aided institutions of the state.
In a statement, Cheema said this decision will benefit employees of aided schools and colleges under the departments of school education, technical education and industrial training, non-teaching staff of these institutes under the higher education department, and retirees of aided schools.
"The administrative departments concerned have been directed to issue notification for implementation of the sixth pay commission for the employees of aided institutions and retirees of the aided schools," he added.
The administrative departments will examine the financial statements of the last three years of all the aided schools and colleges, so as to assess the deficit analysis and to send a detailed proposal giving financial implications.
"After considering the administrative departments' proposal, the finance department will give financial sanction to these institutions," he said.
In a statement, Cheema said this decision will benefit employees of aided schools and colleges under the departments of school education, technical education and industrial training, non-teaching staff of these institutes under the higher education department, and retirees of aided schools.
"The administrative departments concerned have been directed to issue notification for implementation of the sixth pay commission for the employees of aided institutions and retirees of the aided schools," he added.
The administrative departments will examine the financial statements of the last three years of all the aided schools and colleges, so as to assess the deficit analysis and to send a detailed proposal giving financial implications.
"After considering the administrative departments' proposal, the finance department will give financial sanction to these institutions," he said.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- NHC Foods
- 1.55 ( -4.91)
- 98776771
- Vodafone Idea L
- 9.36 ( -5.93)
- 90807513
- AvanceTechnologies
- 0.75 ( -3.85)
- 21672607
- Srestha Finvest
- 0.68 ( -2.86)
- 18249352
- Zomato
- 214.65 ( -10.92)
- 17585878
MORE NEWS
Denta Water IPO Raises Rs 66 cr from Anchor...
Denta Water and Infra Solutions Ltd has raised Rs 66 crore from anchor investors ahead...
CCI Approves Sequent Scientific Merger,...
The Competition Commission of India (CCI) has cleared the merger of nine entities with...
EU-India FTA: German Chancellor Scholz Hopes...
German Chancellor Olaf Scholz expresses optimism about the success of free trade...