In the cabinet meeting to be held on Wednesday, the Modi government can take a big decision related to the central employees. Which will have a direct impact on the basic salary received by the employees. If the decision of the Modi government goes in favor of the employees, then the basic salary they will get will increase.
New Delhi. Today the Modi government can give good news to the employees working under the central government. In fact, the employees working under the central government have been demanding to increase the fitment factor for a long time. A decision on this can be taken in the cabinet meeting to be held today. With the increase in the fitment factor, the basic salary of central employees will also increase.
Benefits of increasing the fitment factor
If the Modi government increases the fitment factor of the central government employees, then its direct effect will be seen on the basic salary they get. With the increase in fitment factor, the basic salary of central government employees will increase from Rs 18 thousand to 26 thousand. At present, central government employees get salary according to the fitment factor of 2.57 percent. It is proposed to increase it to 3.68 percent. If it increases, then the salary of central employees will increase by 8 thousand rupees.
What is fitment factor
While fixing the salary of any employee, many types of allowances are added. The money that is made on removing these allowances is the basic salary of the employee. According to the seventh pay commission, the basic salary of any employee is multiplied by 2.57. For example, if the basic salary of a central employee is Rs 18,000, then his salary excluding allowances will be Rs 46,260. This will come after multiplying the fitment factor in the basic salary by 2.57. The Union Cabinet had approved the Seventh Pay Commission in June 2017 with 34 amendments. In which the entry level basic pay was increased from Rs 7 thousand to Rs 18 thousand. Whereas the highest level was increased from 90 thousand to 2.5 lakh rupees.
