As you know the financial budget 2014-15 is just at a distance of few days. It is expected in the 1st week of June 2014. As this site is about the Govt Employees and the hot topic for the employees in this budget is the salaries and every employees is anxious about the Latest News about Salary Increase in Budget 2014-15.
Various newspapers are daily publishing the news about the salaries increase in the upcoming budget 2014-2015. The newspapers are publishing the news since the month of April 2014. The 1st big news was published in a daily newspaper that there will be no increase in the salaries this year. But just a day after this news was taken as false and a new statement was issued that the salaries will be increased keeping in view the dearness in the country and the financial situation in this country.
Increase in Salaries in the Budget 2014-15
The summary of this news is as under:
10% Increase in Salaries in Budget 2014-15
There was various news in the year that there will be only 5% to 10% increase in salaries in this budget for the employees. The employees cannot bear this news of only 10% as the Finance Minister during the last budget had given a statement that next year salaries may be increased up to 20%.
15% Increase in Salaries in Budget 2014-15
Now a days a news about 15% increase in salaries for the employees is the hot topic. Many newspapers disclosed that there will be 15% increase in salaries.
The Story of Revised Pay Scales
There is also a demand of the employees that the pay scales be revised this year but the news that published last day, also disappointed the employees. In this news it has been stated that this year pay scales will not increase as the pay scales were revised in the year 2011 and pay scale will be revised after 3 years i.e in the year 2015.
News on 25-05-2014 about salaries:
Salaries and the Employees Financial Problems
The Government must keep in view the financial problems while announcing the increase in salaries for the employees. Just see, a lower grade employee having the salary of 10,000 to 15,000 per month, how he will manage the daily needs of his life. Average electricity bill of this employee is about 1500 to 2000. Daily food expenses about 400/- thus total monthly expenses become 12,000/-. About 2000 to 3000 minimum are the monthly Medical expenses. Only these expenses are greater than his salary. There are also other expenses as transportation, clothing, schooling of his children etc that increase the expenses of the employee and the result of the same is that the employee is forced to do some extra work after his duty and this cause a no rest for the employee and some times the employee is forced to take a loan from the others or the banks to meet his needs. He has no rest in his life. When the month starts his all salary is finished as he has taken the same from others to meet his needs.
It is a pity condition that the employee cannot enjoy his salary. He cannot fulfill all the demands of his family and even some times he cannot get the medicine from the doctor for him or his family. Resultantly he only uses the option of the “ATAI DOCTOR’ for cheap treatment as he cannot bear the big fees of a general MBBS.
How Much Salary should be increased in the Budget 2014-15?
Keeping in view the above facts, there should be at least 25 to 30% increase in salaries. Although this will not satisfy the employee’s needs, however keeping in view the financial condition of the country, Govt must do the same. It is also better that the House Rent Allowance be fixed on the Basic Pay of the Pay Scales of 2011 instead of the year 2008.
Now it is your Turn:
I have shared some points that I felt to be expressed and now it is your turn to express your feeling/suggestion about the salaries increase in the budget 2014-15. Express your suggestions in the comments below but please in a polite way so that no one can feel it.