An increase in the dearness allowance of the employees can be announced on Ram Navami. Along with this, a big increase can also be seen in their minimum wages. Preparations are being made for this. It is believed that the minimum wage of the employees will soon see a big increase. Along with this, his salary will also increase.
7th Pay Commission, Employees Fitment Factor: There is big news for the employees. In fact this year will see a significant increase in their salary. In fact, increasing the minimum wage of central employees can also be considered. The salary hike has been demanded by the employees for a long time.
Demand to increase the fitment factor to 3.68%
Talking about the fitment factor of central employees, at present it is 2.57. On the basis of this the salary is paid to the employees. Along with this, their salary is also calculated. DA is being given under the Sixth Pay Commission. There is a demand to increase it under the Seventh Pay Commission. There is a demand to increase the fitment factor to 3.68%.
Basic salary will increase
On the other hand, the government is of the opinion that the fitment factor can be increased at the rate of 3%. If the fitment factor of the employees is increased, then the basic salary of 15500 can be increased to Rs.39835. Actually 15500 * 2.57 = Rs 39,835. Along with this, his DA will also increase. If the basic salary of an employee is Rs 18000, then it can be increased to Rs 26000. An increase of up to Rs 8000 can be seen in their minimum pay.
It is expected that the fitment factor may be increased from 2.57 to 3.6% under the Seventh Pay Commission. A decision will be taken on this in 2023 and preparations can also be made to implement it from 2020. Although there is no official confirmation on this at the moment. Earlier in 2016, the fitment factor was increased. At the same time, the Seventh Pay Commission was also implemented in the same year.
This will be the calculation
According to the video report, if the rates of fitment factor are revised by the Modi government. Basic salary can increase from 18000 to 21000 and 26000. If the DA of the employees is increased at the rate of three percent, then the basic salary will be Rs 21,000, while the fitment factor can be 26 thousand if it is increased at the rate of 3.57 percent. At 3.68, the basic pay would be Rs 95680 at Rs 26000. That is, he will get a benefit of Rs 49420 in salary. On the other hand, on the increase of 3 times, his salary will be calculated as 21000 * 3 = 63000 rupees.
