In a move that will impact the salaries and pensions of 2.20 lakh employees of the country’s richest municipal body, the Brihanmumbai Municipal Corporation (BMC) has decided to implement the 7th pay commission from this year. An amount of Rs 1,200 crore from the budget has been allocated towards expenses owing to implementation of the 7th pay commission. While this does not mean BMC will take to laying off its existing staff, it will certainly impact its hiring process. On Monday, civic chief Ajoy Mehta presented the budget for the country’s richest civic body. The BMC has decided to withdraw Rs 5708.77 crore of its Rs 75,538-crore reserve for funds this year.

Source: Hindustan Times February 05, 2019 19:30 UTC