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HomePersonal Finance7th Pay Commission: After DA Hike, now the minimum salary of central...

7th Pay Commission: After DA Hike, now the minimum salary of central employees may increase, know latest update

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7th Pay Commission: Even after increasing the DA, central employees have been demanding for a long time to increase the fitment factor. But according to the news going on in the media, now the central government is considering to increase the fitment factor of the employees.


New Delhi: 7th Pay Commission: The government has increased the dearness allowance of central employees. Central employees are being given the benefit of dearness allowance at the rate of 38 percent. However, even after increasing the DA, the central employees have been demanding for a long time to increase the fitment factor. But according to the news going on in the media, now the central government is considering to increase the fitment factor of the employees.

Minimum salary of employees may increase

According to the recommendations of the 7th Pay Commission, it is being considered to increase the minimum salary of central employees. Let us tell you that the fitment factor is the measure to decide the minimum salary of the employees. According to media reports, planning is underway to increase the fitment factor of central employees. At present, the minimum salary of central employees based on the fitment factor is Rs 18000. The fitment factor has been fixed at 2.57 times.

How much will the salary increase

Central employees are demanding 3.68 times increase in minimum salary. If this is increased, then the minimum salary of central employees will increase to Rs 26 thousand. However, there is also a discussion that a 3 times increase in the fitment factor of central employees can be agreed. However, any decision on this will be taken only after the budget next year.

How much will the salary increase

If the fitment factor is increased to 3 times, then the salary of the employees is expected to increase significantly. For example, if the basic salary of central employees is Rs 18,000, then his salary excluding allowances will be 18,000 X 2.57 = Rs 46,260. If this is taken as the maximum under the recommendations, then the salary will be 3.68 times 26000X3.68 = Rs 95,680. Employees will get bumper benefits in this. At the same time, having 3 times the fitment factor, the salary will be 21000X3 = Rs 63,000.

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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