As part of a strategy to attract talented professionals from outside the government, the Sixth Pay Commission has recommended de-linking sector-specific regulatory bodies from the central pay structure and proposed massive increase in the salary of Chairpersons of regulatory institutions like Securities Exchange Board of India (SEBI) and Insurance Regulatory Board of India (IRDA).
The Commission in its report has recommended salary up to Rs three lakh per month for chiefs of bodies like SEBI, IRDA, Telecom Regulatory Authority of India (TRAI), Central Electricity Regulatory Commission (CERC) and the Competition Commission of India (CCI).
The Commission has recommended that apart from the Chairpersons, the salaries of members of these regulatory bodies should be de-linked from government salaries.
It has recommended that those appointed as members through the revised process should be paid a consolidated monthly salary of Rs 1.50 lakh while the Chairperson be paid Rs 2 lakh a month if the total package includes a car and residential accommodation.
However, if these two are not provided, the Chairperson should be paid a consolidated salary of Rs. 3 lakh per month and members Rs. 2.50 lakh.
The Commission also recommended that the rates of consolidated salary should also be taken up by the government for periodical review so as to neutralise the effect of inflation.
It also recommended modifications in the process of recruitment of members of such regulatory bodies.


‘Armymen can shift to Central forces’

New Delhi, dhns: The sixth pay commission has recommended lateral shifting of soldiers from defence forces to paramilitary outfits after serving for seven years in the military.
Besides paramilitary forces like BSF, CISF, CRPF, ITBP, SSB and RAF, the soldiers in the armed forces’ entering through the Short Service Commission route can be laterally shifted to the civilian organisation under the defence ministry, the pay commission says in its report.
While the Defence Ministry was in favour of the “lateral shift”, objections were raised by the Union Home Ministry. Overruling the objections, the Commission said that the inconvenience will be temporary in nature and will be ironed out in the long run as eventually all recruits in the paramilitary or defence civilian organisations will come through the defence forces.
The average annual vacancies in these organisations are approximately 35,000 while every year around 40,000 defence personnel leaves the three services. Assuming that most of them opt for the lateral shift, the acute staff shortage problems in these organisations can be taken care of. The Short Service Commission recruits have to spend a minimum of seven years in the service. They will be 26 years of age before being eligible for shift.