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HomePersonal FinanceSalary of central employees will increase! Government can take positive decision on...

Salary of central employees will increase! Government can take positive decision on DA hike and fitment factor

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7th Pay Commission: The government may soon make an announcement related to increasing DA hike and fitment factor. If the government does this, then there will be a bumper increase in the salary received by the central employees.

After increasing the fitment factor, the minimum basic salary of central employees will increase. If the government increases it, then the minimum basic salary received by the employees will increase from 18,000 to 26,000. It is being said in the reports that the government may soon increase the dearness allowance given to the central employees.

7th Pay Commission: Lakhs of central government employees can get a big good news related to salary hike. In fact, the matter is such that the government may soon make an announcement related to increasing DA hike and fitment factor. If the government does this, then there will be a bumper increase in the salary received by the central employees.

Salary of central employees is going to increase

After increasing the fitment factor, the minimum basic salary of central employees will increase. If the government increases it, then the minimum basic salary received by the employees will increase from 18,000 to 26,000. It is being said in the reports that the government may soon increase the dearness allowance given to the central employees. However, no official announcement has been made in this regard at the moment.

What is the fitment factor at present

At present, the fitment factor of central employees is 2.57 per cent. If it is assumed that someone gets a basic salary of Rs 15,500 in 4200 grade pay, then his total salary will be 15,500×2.57 i.e. Rs 39,835. In the Sixth Pay Commission, the fitment ratio was recommended to be 1.86.

Employees are demanding to increase the fitment factor

There has been a demand from the central employees to increase the fitment factor for a long time. If this hike happens, the minimum basic pay will increase from Rs 18,000 to Rs 26,000. At the same time, the government can also take a positive decision on DA hike.

DA hike can be done

DA hike of central employees is done twice a year by the government. The hike is effective from January 1 and July 1. According to various media reports, in July this year, the government may increase the dearness allowance by another 4 percent. In March 2023 also the dearness allowance of central employees was increased. Which became effective from 1 January 2023. At present, the benefit of dearness allowance is being given to central employees at the rate of 42 per cent.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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