The central government can give a big gift to the employees soon. Actually, along with the increase in their dearness allowance, their basic salary can also be increased. Big preparations could have been made by the government for this. Along with this, the government can take an important decision before the elections on the formation of a new pay commission. Along with this, a big increase will be seen in the salary of the employees and other allowances.
7th Pay Commission, DA Hike, Fitment Factor: There is good news for the employees. Soon they can get the gift of increase in salary. Preparations for this can be made by the government. With the announcement by the government, an increase of 44.44% can be seen in the salary of the employees. With this, an increase of up to ₹ 40000 in his salary will be recorded.
Demand to increase basic salary started
Actually dearness allowance for central employees is to be increased by 4 percent. Along with this, a big gift can be given to them by the government. Soon their salary can also be increased. The demand to increase the basic salary has started. At the same time, an important demand is being made to the government on the constitution of the Pay Commission by the employees union. The fitment factor of the demands of the employees union should be increased from 3.68 times while the fitment factor can be increased by the government up to 3 times for the salary fixation of the government employees.
There will be an increase in the minimum basic salary
If there is an increase in the minimum pay including the fitment factor, then the minimum basic pay of central employees will increase from ₹ 18000 to ₹ 26000. To bear the increasing inflation every year, the dearness allowance is increased twice a year by the central government for its employees. According to media reports, the government may prepare to increase the fitment factor of central employees. Along with this, an increase will be seen in the minimum basic salary of the employees. At present the fitment factor of the employees for the basic pay is 2.57 times. Along with this, his basic salary is ₹ 18000. It is used to calculate the salary of government employees.
Demand for formation of new pay commission
The Union of Railway Employees has demanded the formation of a new Pay Commission from the Central Government. The demand of the employees is that the new Pay Commission should be constituted from January 1, 2024. On the other hand, in view of the upcoming elections, the central government can make some important announcement regarding the formation of the Pay Commission. If this happens, a significant increase will be seen in the salary of central employees including their dearness allowance, travel allowance, house rent allowance, basic salary and other allowances.
DA can be increased at the rate of 4 percent
At present, no official confirmation has been made by the government regarding the formation of the 8th Pay Commission. At the same time, dearness allowance has been increased at the rate of 4 percent for the month of January. With its announcement in the month of March, they are being paid increased dearness allowance from January 2024. In such a situation, the dearness allowance of the employees has increased to 42% while the figures till May 2024 have been released. With the AICPI data for June 2023 coming out on July 31, dearness allowance for central employees will see a hike once again. The same dearness allowance can be increased at the rate of 4 percent. With which it will increase to 46%.