Govt. to provide over one-lakh crore rupees in new budget to implement 7th PC recommendations: Arun Jaitley

Finance Minister Arun Jaitley has said that the government has to make provision of 1.1 lakh crore rupees in the new budget to meet the liabilities on account of implementation of 7th Pay Commission, PC, recommendations and One Rank One Pension,OROP for ex-servicemen. Addressing the Parliamentary Consultative Committee meeting of his Ministry in New Delhi, he said this year the government has spent more but still, it will very well manage deficit targets.

Mr. Jaitley further said so far, loan of 90 crore rupees has already been disbursed in the current fiscal to more than two crore micro, small and medium enterprises under MUDRA Scheme. The Minister said, more incentives would be given to the agriculture sector to increase production and productivity. He said, highest ever amount was given to the States for drought relief during the current financial



year.

During the meeting, several members suggested raising tax exemption limit for middle and salaried class from 2.5 lakh to 4 lakh rupees as well widening of tax base and severe punishment for tax evaders. It was also suggested that threshold limit for mandatory Pan Card requirement for any transaction above 2 lakh be raised to 5 lakh rupees.

No interview for junior-level posts in central government canteens: DPT

There will be no interview for junior-level posts in central government canteens. Department of Personnel and Training in an order said the recruitments to these posts would be made purely on the basis of written test or skill test by the concerned Ministries taking into consideration job requirement for specific post. There are about 1,352 registered canteens and tiffin rooms functioning in various central government offices across the country.