Prime Minister Dr. Manmohan Singh held a meeting with defence minister A.K. Antony and finance minister P. Chidambaram on Wednesday, regarding the pay commission recommendations for Central government employees, armed forces employees as well as paramilitary staff.

A senior Union minister stated that Cabinet is ready to sanction the Sixth Pay Commission recommendations today.  

Prime Minister Dr. Manmohan Singh will declare the award during his Independence Day speech on Friday, August 15.

Around 5.4 million government workers will get their pay increases and the administration will have to distribute an additional Rs 20,000 crore.

The armed forces were sad with the new pay structures but now sources said that a compromise has been made between the administration and the services.

The government has accepted the demands of the defence forces.

But it's a bit less than the 15% extra they demanded earlier.

So, if in April the promised hike for a colonel was Rs 15,000, now it's going to be about Rs 19,000.