7th Pay Commission latest update: Central employees, who have been demanding to increase the fitment factor for a long time, can get good news soon. The central government is going to increase the salary of its employees. According to media reports, the government may soon give its approval for increasing the fitment factor.
Central government employees unions have been demanding for a long time to increase the minimum wage from Rs 18,000 to Rs 26,000 and increase the fitment factor from 2.57 times to 3.68 times. If the government announces an increase in the fitment factor of central employees, then their salary will increase.
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Minimum wage will increase by Rs 8,000
In fact, increasing the fitment factor will also increase the minimum wage. At present, the employees are getting salary under the fitment factor on the basis of 2.57 percent, which is increased to 3.68 percent, then the minimum wage of the employees will increase by Rs 8,000. This means that the minimum wage of central government employees will be increased from Rs 18,000 to Rs 26,000.
salary will increase so much
If the fitment factor is increased to 3.68, then the basic pay of the employees will be Rs 26,000. Right now if your minimum salary is Rs 18,000, then excluding allowances, you will get Rs 46,260 (18,000 X 2.57 = 46,260) as per 2.57 fitment factor. Now if the fitment factor is 3.68 then your salary will be Rs 95,680 (26000X3.68 = 95,680).
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Earlier this was the basic salary
The Union Cabinet had approved the recommendations of the Seventh Pay Commission in June 2017 with 34 amendments. The entry level basic pay was increased from Rs 7,000 per month to Rs 18,000, while the highest level i.e. secretary was increased from Rs 90,000 to Rs 2.5 lakh. For Class 1 officers, the starting salary was Rs 56,100.
Tags: 7th pay commission, business news, Central Government employees, Government Employees
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