- Advertisement -
HomePersonal Finance7th Pay Commission Fitment Factor increase: Fitment factor can increase up to...

7th Pay Commission Fitment Factor increase: Fitment factor can increase up to 3.68 times! When will it be announced? know details

- Advertisement -
- Advertisement -

7th Pay Commission latest news: The basic salary of the employees is currently fixed on the basis of 2.57 fitment factor. There has been a demand for a long time that it should be increased to 3.68. The union wants that after talking to the government, it should be implemented before the new pay commission. This will lead to a big increase in the salary of the employees.


Central Government Employees Fitment Factor: Central government employees are expected to get the biggest gift ever. After Dearness allowance, HRA, TA, promotion, they can also get good news on the front of fitment factor. There can be a direct increase of Rs 8000 in their salary. This Rs 8000 increase will be in his basic salary. Meaning if the fitment factor increases then their base will get stronger. Till now the minimum salary of central employees is Rs 18000. According to sources, the fitment factor of central and state employees can be increased next year.

Budget may be considered after 2023

Let us tell you, there has been a long-standing demand of the central and state employees that their fitment factor should be increased from 2.57 percent to 3.68 times. According to sources, after the budget to be presented on February 1, 2023, the government can consider this demand of central employees. A letter has been written to the Cabinet Secretary demanding to increase the fitment factor of the central employees. The union wants that the fitment factor should be increased before the new Pay Commission recommendations are implemented, this can provide a lot of support to the employees.

Basic salary will increase by Rs 26,000

Increasing the fitment factor can lead to an increase in the basic salary. Employees are currently getting salary on the basis of fitment factor of 2.57. There is a demand to increase it to 3.68 times, which the government can consider. If this happens, then the minimum salary of the employees will be increased by 8 thousand rupees. Till now Rs 18,000 is the minimum salary, due to increase in fitment factor it will increase to Rs 26,000. Due to the continuous protests, there is pressure on the government to consider the fitment factor for the employees.

Meeting with cabinet secretary

The employees union says that the government is not ignoring the demands of the employees. Rather, an alternative is being explored. The employees union has already met the cabinet secretary. He also got assurance in the meeting. If sources are to be believed, the government can proceed with the file of fitment factor and after the budget 2023, it can be considered and implemented in a sequential manner.

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
RELATED ARTICLES

Most Popular

Recent Comments