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Home Personal Finance Fitment Factor: Fitment factor can increase from 2.57 to 3.68 times! Basic...

Fitment Factor: Fitment factor can increase from 2.57 to 3.68 times! Basic salary will increase by Rs 8,000, know how?

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Fitment Factor news: There is big news for Central government employees. After getting dearness allowance, HRA, TA, promotion, now the new year is bringing happiness for them. There may be a bumper increase in the salary of central employees (CG employees) in the year 2022. If sources are to be believed, then the fitment factor of central and state employees can be increased. With the increase in fitment, the minimum wages of central employees will increase.

May be considered after budget

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, 2022, the government can consider this demand of central employees. However, due to the election being held, it may take time to announce it in the code of conduct. If sources are to be believed, the fitment factor of central employees can be kept in the Union Cabinet.

Salary may increase by Rs 8000

If there is an announcement regarding the fitment factor of central employees, then their salary will also increase. In fact, increasing the fitment factor will also increase the minimum wage. Employees are currently getting salary under fitment factor on the basis of 2.57 fitment factor. Now it can be increased to 3.68. If this happens, then there will be an increase of 8 thousand rupees in the minimum salary of the employees. This means that what is Rs 18,000 till now, it will increase to Rs 26,000.

Considering 3 times fitment factor if not 3.68

According to sources, the government is not in favor of increasing the minimum salary under 7th CPC. She wants to implement the recommendations of the 7th Pay Commission (7th Pay Commission). But, due to the continuous protests, there is pressure on the government to do something different for the employees. The government can increase the fitment factor by 3 times. If the fitment factor is 3 times, the basic pay of the employees will increase from Rs 18000 to Rs 21000.

Cabinet Secretary has met

The employees union says that the government is not ignoring the demand of the employees. Rather, an alternative is being explored. The employees union has already met with the cabinet secretary. He also got assurance in the meeting. If sources are to be believed, the government is now paying more attention to the fitment factor.

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