Good news for Govt employees, 23.55% hike in salary likely

, 12:25 PM IST

New Delhi: Bringing cheers to government employees and pensioners, the Union Cabinet on Wednesday approved the recommendations made by the 7th pay commission.

The Cabinet approved a 23.55% rise increase in the basic pay, a move that will benefit 47 lakh central government employees and 52 lakh pensioners.

The salary hike will be effective from January 1, 2016,