Now if the fitment factor is 3.68 times under the 8th Pay Commission, then the minimum pay scale will be 26,000.
The month of August can be full of gifts for central employees (7th Pay Commission Central Government employees), next month employees can get many big gifts like dearness allowance, DA arrears and fitment factor. According to media reports, with the announcement of the new DA in August, increasing the fitment factor can also be considered and it can be implemented from 1 September 2022. However, no formal announcement has been made by the government in this at the moment.
Actually, fitment factor is considered to be an important role in deciding the basic salary of central employees. The pay matrix made in the 7th Pay Commission is based on the fitment factor i.e. on the basis of the fitment factor, the revised basic pay is calculated from the old basic pay. Due to this factor, the salary of central employees increases by more than two and a half times. The fitment factor is an important recommendation in the Pay Commission report, on the basis of which the increment will be decided.
According to media reports, at present the central employees are getting the fitment factor at the rate of 2.57 per cent and the employee organizations have been demanding to increase it for a long time, so there is a possibility that it can be increased to 3.68 per cent. On August 3, a cabinet meeting is to be held under the chairmanship of PM Narendra Modi, in which the proposal of fitment factor can be considered. If this is approved, then the minimum basic salary will increase by 8000 and the basic salary will increase from 18000 to 26000. Last time in 2017 the entry level basic pay was increased from Rs 7000 to Rs 18000 per month and if it is increased now then it will be directly would be 26000.
According to media reports, the minimum pay scale under 6th Pay Commission was Rs 7,000 with fitment factor 1.86 times and increment 54%. Under the 7th Pay Commission, the minimum pay scale has reached Rs 18,000 with the fitment factor being 2.57 times and the increment 14.29%. Now if the fitment factor is 3.68 times under the 8th Pay Commission, then the minimum pay scale will be 26,000. For example, if the basic salary of a central employee is Rs 18,000, then his salary excluding allowances will be 18,000 X 2.57 = profit of Rs 46,260. On 3.68, the salary will be Rs 95,680 (26000 X 3.68 = 95,680 ) i.e. in salary 49,420 will get profit.
Will 8th Pay Commission be applicable?
A big update has come to the fore on the 8th Pay Commission (8th Pay Commission) amid speculations that Central Employees-Pensioners (Central Employees DA Hike) will increase dearness allowance by 6% in August. According to media reports, after the 7th pay commission, now the 8th pay commission can come. Late former Finance Minister Arun Jaitley in one of his speeches in Parliament in 2016 had also indicated that, if sources are to be believed, then the Modi government can now bring a new pay commission and it will be implemented from January 1, 2026. With its implementation, the minimum salary of central employees from Level Matrix 1 can start from Rs 26,000. However, there has been no confirmation from the government yet.
