New Delhi, June 29:

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

The Union Minister for Finance, Corporate Affairs and Defence, Shri Arun Jaitley addressing after laying wreath at Amar Jawan Jyoti, on the occasion of Kargil Vijay Diwas, in New Delhi on July 26, 2014.	The Chief of Army Staff, General Bikram Singh, the Chief of Naval Staff, Admiral R.K. Dhowan and the Chief of the Air Staff, Air Chief Marshal Arup Raha are also seen.

“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. (IANS)