7th Pay Commission: The government is discussing to increase the fitment factor and it may approve it soon.
7th Pay Commission Latest Update: Central government employees who have been pressuring the Modi government for a long time to increase the fitment factor. They may soon hear some good news about this. It is coming up in many media reports that the government is negotiating to increase the fitment factor and it may seal it soon. After increasing the fitment factor, the minimum basic salary of employees will be increased from Rs 18,000 to Rs 26,000. All allowances will also be available on the basis of 26,000 basic salary. They are demanding the government to increase the fitment factor from 2.57 to 3.68.
Salary will increase due to increase in fitment factor
If the government announces an increase in the fitment factor for central workers, their salaries will increase. At present, employees are paid on the basis of 2.57 per cent under the fitment factor, which would increase the minimum wage by Rs 8,000 if raised to 3.68 per cent. This means that the minimum wage for central government employees will increase from Rs 18,000 to Rs 26,000. At present, the minimum basic salary is Rs 18,000, which has to be increased to Rs 26,000.
Cash in hand will increase so much
If the fitment factor is increased to 3.68, the basic salary of the employees will be Rs. 26,000. If your minimum wage at the moment is Rs. 18,000, excluding the allowance, you will get Rs. Now if the fitment factor is 3.68 then your salary will be 95,680 rupees (26000X3.68 = 95,680).
Earlier this was the basic salary
The Union Cabinet in June 2017 approved the recommendations of the Seventh Pay Commission with 34 amendments. The basic salary at entry level has been increased from Rs. 7,000 to Rs. 18,000 per month, while the highest level, i.e. Secretary, has been increased from Rs. For Class 1 officers, the starting salary was Rs 56,100.
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