7th Pay Commission latest update: Fitment factor may be discussed in the cabinet meeting to be held on Wednesday
7th Pay Commission latest update: Central government employees have been demanding for a long time to increase the fitment factor. They may get to hear some good news in two days. According to media reports, the fitment factor can be discussed in the cabinet meeting to be held on Wednesday. If the Modi government gives its green signal, then the minimum basic salary of the employees getting basic salary of Rs 18,000 will be Rs 26,000. A good increase can be seen in
Will increase fitment factor in cabinet meeting
At present, the employees are getting salary under 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 for central government employees will increase from Rs 18,000 to Rs 26,000.
The salary of employees will increase so much
If the fitment factor is increased to 3.68, 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).
Earlier this was the basic salary
The Union Cabinet had in June 2017 approved the recommendations of the Seventh Pay Commission 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.
