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.
Before Diwali, the central employees-pensioners have got the gift of 4% dearness allowance and bonus. Due to this increase, the salary of the employees has increased from 50000 to 2 lakhs annually. After 38% DA, now central employees are going to get another gift. According to media reports, the Modi government is contemplating to increase the fitment factor of central employees.
According to media reports, under the 7th Pay Commission, the minimum salary of the employees can be increased once again by the Modi government. At present the fitment factor of the employees under the 7th Pay Commission is 2.57 times and the basic salary is 18000. In the same 8th Pay Commission, the minimum basic salary can be increased to Rs 26000 by increasing the fitment factor by 3.68 percent. This will increase the minimum basic salary by 8000. By the way, there is also a proposal that the government can also make the minimum salary of Rs 21,000.
For a long time, central employees have been demanding an increase in the fitment factor to increase the basic salary, since the fitment factor is a measure to determine the minimum salary of central employees. The pay matrix made in the 7th Pay Commission is based on the fitment factor, in such a situation, the fitment factor is considered to be an important role in the salary received by the employees. Due to this factor, the salary of central employees increases by more than two and a half times. Its 52 lakh employees will get benefits from 50000 to 96000 in basic salary.
If sources are to be believed, a three-fold increase in the fitment factor of central employees can be agreed, although any decision on this will be taken only after the budget next year. A draft will be prepared for this, which will be shared with the government. A meeting can also be held next month regarding the fitment factor. However, no official confirmation has been made yet. At present, central employees get Rs 18000 as minimum salary while maximum salary is Rs 56,900.
Whose salary will increase
- For example, if the basic salary of a central employee is Rs 18,000, then his salary excluding allowances will be Rs 18,000 X 2.57 = profit of Rs 46,260.
- On being 3.68, the salary will be Rs 95,680 (26000 X 3.68 = 95,680) i.e. Rs 49,420 will be benefited in the salary.
- If the fitment factor is 3 times, the salary will be 21000X3 = Rs 63,000. The government can take a decision after considering this after the next year’s budget.
- Last time in 2017 the entry level basic pay was increased from Rs 7000 to Rs 18000 per month.
