Central Employee Salary Hike: Good news for Employee! Salary will increase up to 50 thousand, will there be a decision on DA arrears also?

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Big news for employees: Increase in honorarium, order issued, will get arrears of 8 months, so much money will come in the account from April
Big news for employees: Increase in honorarium, order issued, will get arrears of 8 months, so much money will come in the account from April

At present the fitment factor of the central employees is 2.57 per cent and on this basis the salary is given. Till now it is given under the 6th Pay Commission and the employees are demanding to increase it under the 7th Pay Commission, under which the fitment factor is being demanded to be 3.68%.

Central Employee Salary Hike 2023: There is latest update for central employees. With the announcement of increase in Dearness Allowance after Holi, the employees may get the good news of 2 more outstanding DA arrears and fitment factor. Media reports that in view of the upcoming elections after Holi, the Modi government at the Center may consider the outstanding DA arrears of 18 months. The same fitment factor can be amended, due to which there will be a big jump in the salary of the employees. However, it has not been officially confirmed yet.

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Demand to increase 3.68 percent

Actually, assembly elections are to be held in many states this year and Lok Sabha elections will be held next year, in such a situation, it is expected that in 2023, Modi government can make big announcements regarding the employees. Other allowances including fitment factor will be included. At present the fitment factor of the central employees is 2.57 per cent and on this basis the salary is given. Till now it is given under the 6th Pay Commission and the employees are demanding to increase it under the 7th Pay Commission, under which the fitment factor is being demanded to be 3.68%.

Basic salary will be increased to 26000

There is a possibility that before the upcoming elections, the Modi government may revise the fitment factor, it can be increased to 3.00 or 3.68 percent, this will increase the salary of the employees by two and a half times i.e. the basic salary will increase from 18000 to 21000 or 26000. Will happen It is believed that after Holi, the central government can take a decision on increasing the fitment factor based on the recommendations of the 7th Pay Commission and it can be implemented from 2026 when the new government is formed.

Will get benefits up to 50000 in salary

If the government considers the demand of increasing the fitment factor of the employees, the minimum salary of the employees will increase from Rs 18,000 to Rs 26,000. For example, if the basic salary of a central employee is Rs 18,000, then excluding allowances, his salary will be 18,000 X 2.57 = Rs 46,260. On being 3.68, the salary will be Rs 95,680 (26000 X 3.68 = 95,680) i.e. there will be a profit of Rs 49,420 in salary. With 3 times the fitment factor, the salary will be 21000 X 3 = Rs 63,000. This will benefit 52 lakh employees. Earlier, the government had increased the fitment factor in 2016 and from this year the 7th pay commission was also implemented.

Will the wait for DA arrears of 18 months end?

According to the latest media reports, due to the demand and increasing response of the employees, before the upcoming elections, the Modi government at the Center may consider the outstanding DA arrears of 18 months from July 2020 to January 2021, as the employees have been demanding to give it for a long time. He has also written letters to the government many times in this regard. After the restoration of OPS in the same 5 states, the demand for the old pension scheme is rising across the country, in such a situation, it is believed that the government may consider the arrears. If consent is made, then an arrear of 50 thousand to 2 lakh can be received, although no official statement has been revealed nor confirmed yet.

Arrear will be made from 50 thousand to 2 lakh

If the decision is taken then the employees will get the money of DA arrears according to their salary band. If the calculation is done for Level-13 (7th CPC Basic Pay-Scale Rs.1,23,100 to Rs.2,15,900) or Level-14 (Pay-Scale), then the Dearness Allowance arrears in the hands of an employee will be Rs.1,44,200 to Rs.2 Can come up to Rs 18,200. The DA arrears of the same Level-1 employees ranges from Rs 11,880 to Rs 37,554. These figures are shown as an example, there can be changes.

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