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Employees will soon get 3 good news! Salary will rise from 50 thousand to 2 lakh, know how?

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If the fitment factor is increased by 3.68 then the minimum salary will increase from Rs 18,000 to Rs 26,000.


7th Pay Commission: On the one hand, the dearness allowance of Madhya Pradesh government employees (MP Employees 31% DA Hike) has also become equal to that of central employees i.e. 31% and from April 1, 2022, its benefit in salary to the employees. Will start meeting. On the other hand, 1 crore Central Government Employees Pensioners are likely to get 3 big news soon. This includes 3% dearness allowance, fitment factor and 18 months arrears.

If media reports are to be believed, then the Modi government can take a big decision on all these three soon. can be given. Although no confirmation has been made by the government as to when it will be announced. But after the data of AICPI, it is believed that there will be a 3 percent increase in dearness allowance. Considering the demand of the same employees, the fitment factor can also be stamped. Apart from this, 18 months pending DA arrears can be considered.

According to media reports, after 2016, the Modi government can once again increase the fitment factor of central employees in 2022. Presently the fitment factor is getting 2.57 per cent and there are demands by the employees to increase it by 3.68 times. If the Modi government increases the fitment factor of central employees by 3.68 hike, the minimum wage will increase from Rs 18,000 to Rs 26,000. Entry level basic pay will be Rs 7,000 in June 2017 after the approval of the Seventh Pay Commission recommendations with 34 amendments. 18,000 per month, while the highest level i.e. Secretary was increased from Rs 90,000 to Rs 2.5 lakh.

Basic salary will be 26000

According to media reports, earlier the minimum basic salary was increased from Rs 6,000 to Rs 18,000. Now if the fitment factor is increased from 2.57 times to 3.68 times, then there will be a benefit of 8000 in the basic salary and it will increase from 18000 to 26000. This will benefit about 52 lakh employees. If the basic salary of a central employee is Rs 18,000, then his salary excluding allowances will be 18,000 X 2.57 = Rs 46,260. On the same fitment factor 3.68, the salary will be Rs 95,680 (26000 X 3.68 = 95,680) i.e. Rs 49,420 profit in salary With its increase, the allowance also increases automatically, that is, the salary increases up to two and a half times.

Dearness Allowance may be 34%

According to media reports, after the release of the CPI Index by the Ministry of Labor and Employment, the rating has come down by 0.3 percent, but in December 2021, the figure reached 125.4 and the average of the index is 351.33, so 3 in DA. % (DA Hike) is expected to increase. Inflation is done on the basis of rate, in such a situation it is believed that soon due to increase in dearness allowance of employees by 3%, the total DA will increase from 31% to 34%.

Will you get arrears with DA?

According to media reports, if the DA of central employees is 34%, then it will benefit 50 lakh employees and 65 lakh pensioners. If we look at the salary calculation, then an employee with salary of Rs 18,000 per month will get DA of Rs 6120 per month i.e. Rs 6,480 per annum and Rs 20,484 for an employee with salary of 56000. The same January and February arrears of Rs 38692 (DA Arrear) i.e. Rs 946-946 can be paid with the salary of March. Basic salary of an employee with basic salary of Rs 56,900 is Rs 19346 / month, according to the allowance, Rs 232,152 in salary It is expected that the Modi government can announce it before the end of March i.e. before the new financial year.

Decision on the outstanding arrears of 18 months also

Apart from this, the outstanding DA arrears of 18 months from January 2020 to June 2021 (18 Months DA Arrear) can also be considered and paid in lump sum. One time settlement of DA arrears pending from 18 months should also be done. The Indian Pensioners’ Forum has also written a letter to Prime Minister Narendra Modi, urging him to intervene in this entire matter and issue directions soon. More than 60 lakh central employees and 50 lakh pensioners will get its benefit.

Up to 2 lakh benefits will be available in salary

According to media reports, if the Modi government makes one time settlement of DA, then it will benefit from 12000 to 2.18 lakh in the salary of the employees. For example, if the basic salary of an employee is Rs.18,000, the DA arrears due to him for 3 months is Rs.11,880, Level-1 employees from 12000 to 37000, Level 14 employees Rs. 1,44,200. 2,18,200. Level-13 (7th CPC Basic Pay-Scale Rs. 1,23,100 to Rs. 2,15,900). Although no confirmation has been made by the government. But it is expected that soon The matter can be discussed with the Cabinet Secretary.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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