7th pay panel will bring historic salary rise: Jaitley

New Delhi: Finance Minister Arun Jaitley on Wednesday said the 7th Pay Commission will bring a "historic rise" in the salaries of government employees and pensioners.

"Congratulations to central government officers, employees and pensioners on a historic rise in their salary and allowances through the 7th CPC (Central Pay Commission)," Jaitley tweeted after the panel recommendations were approved by the Union Cabinet on Wednesday.

The decision was taken at a cabinet meeting chaired by Prime Minister Narendra Modi.

The recommendations will impact some 47 lakh employees in the central government and 52 lakh pensioners.

Jaitley will announce the details later on Wednesday.