Govt May Not Raise Minimum Pay to 26,000 and Fitment Factor 3.68 Times
7th Pay Commission: Govt may not raise minimum pay to Rs 26,000 and fitment factor 3.68 times
7th Pay Commission: The government had approved the recommendations of the 7th Pay Commission in June 2016 and raised minimum pay from Rs 7,000 to Rs 18,000 per month with fitment factor 2.57 times. If the central government employees’ demands are accepted, around 48 lakh employees are likely to see minimum pay hike from Rs 18,000 to Rs 26,000 and fitment factor from 2.57 times to 3.68 times. These benefits were recommended by the 7th Pay Commission or 7th CPC and approved by the Cabinet. According to reports, pay hikes will come into effect from April 2018. Finance Minister Arun Jaitley earlier had promised salary increase for the lower-level employees beyond the recommendations of 7th Pay Commission and had also said this in the Rajya Sabha on July 19, 2016.
The government had approved the recommendations of the 7th Pay Commission in June 2016 and raised minimum pay from Rs 7,000 to Rs 18,000 per month with fitment factor 2.57 times. The central government employees are demanding for a minimum pay hike to Rs 26,000 from Rs 18,000 and fitment factor to 3.68 times from 2.57 times. The government has reportedly formed a committee to look into the matter.
No comments:
Post a Comment