7th Pay Commission: Bumper hike in salary before January 26, govt likely to raise fitment factor

7th Pay Commission: Bumper hike in salary before January 26, govt likely to raise fitment factor

 

 

According to reports in the media, the Modi government may announce a hike in the fitment factor of central and state employees which will in turn push the minimum wages of central employees higher.

 

New Delhi: 7th Pay Commission latest news: The Narendra Modi government may bring some more good news for the central government employees on the Republic Day.

 

According to reports in the media, the Modi government may announce a hike in the fitment factor of central and state employees which will in turn push the minimum wages of central employees higher.

 

The central government employees unions have long been demanding for hiking minimum pay of Rs 18,000 to Rs 26,000 and fitment factor be raised from 2.57 times to 3.68 times. According to media reports, the fitment factor of central employees can be decided before January 26 (Republic Day), which means that there will be a big increase in the basic salary of the government employees.

 

If the government makes announcement regarding the hike in fitment factor of central employees, then their salary will consequently increase. In fact, with the increase in fitment factor, the minimum wage will also increase. Employees are currently getting salary under fitment factor on the basis of 2.57 percent, which if increased to 3.68 percent, there will be an increase of Rs 8,000 in the minimum salary of the employees. This means the minimum pay of the central government employees will be hiked from Rs 18,000 to Rs 26,000.

 

Check out this assumptive salary calculation post the hike in fitment factor under 7th Pay Commission

 

If the fitment factor is raised to 3.68, the basic salary of the employees will become Rs 26,000. Right now, if your minimum salary is Rs 18,000, then excluding allowances, you will be getting Rs 46,260 (18,000 X 2.57 = 46,260) according to the 2.57 fitment factor.

 

Now, if the fitment factor is 3.68, then your salary will be Rs 95,680 (26000X3.68 = 95,680).

 

The Union Cabinet had in June 2017 approved recommendations of the 7th Pay Commission with 34 modifications. The new scales of pay provided for entry-level basic pay going up from Rs 7,000 per month to Rs 18,000, while at the highest level i.e. Secretary, went up from Rs 90,000 to Rs 2.5 lakh. For Class 1 officers, the starting salary was at Rs 56,100.

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