7th Pay Commission: First dearness allowance, then after getting HRA and TA promotion, now in the new year, central and state employees can get a gift again. Actually, discussions are going on to increase the fitment factor.
At the beginning of the new year, central and state employees can get great news. There may be an increase in the salary of the employees. According to media reports, the Modi government has completed its preparations. After getting the first dearness allowance, then HRA and TA promotion, now they can get a gift again in the new year. Actually, discussions are going on to increase the fitment factor.
The idea is to increase the fitment factor
In view of rising inflation, this is a good initiative of the government. According to media reports, the Modi government is also considering increasing the fitment factor. Let us tell you, the fitment factor decides the basic salary for all the central government employees. If the central government increases the fitment factor, then the salary of the central employees will automatically increase.
The fitment factor was increased in the year 2016
Earlier in the year 2016, the fitment factor was increased. The 7th Pay Commission was also implemented in the same year. At that time, the minimum salary of the employees was directly increased from Rs 6000 to Rs 18,000. Now the government can increase the salary of central employees (CG employees) again in the year 2022. According to sources, the fitment factor of central and state employees may increase at the beginning of the year. With the increase in fitment, the minimum wages of central employees will once again increase. A possible increase in the fitment factor could lead to a minimum basic pay of Rs 26,000.
What is fitment factor?
The fitment factor is the factor that increases the salary of central employees by more than two and a half times. According to the recommendations of the 7th Pay Commission, the salary of central employees is determined by their basic salary and fitment factor in addition to allowances.
Calculation on salary
Minimum basic salary = Rs 18,000
Salary excluding allowances = 18,000 X 2.57 = Rs 46,260.
26000X3 = Rs.78000 on 3% basis
Total addition = 78000-46,260 = 31,740
That is, the overall salary of the employees will increase by Rs 31,740. This calculation has been done on the minimum basic salary. The maximum salary will have more benefits
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
