Central employees and pensioners (7th Pay Commission Fitment Factor update) can get another good news soon. It is expected that after dearness allowance and bonus, now the fitment factor can also be decided soon.
The fitment factor of central employees can be increased from 3 per cent to 3.68 per cent. This will increase the minimum basic salary by 8000 and the basic salary will increase from 18000 to 26000. However, no official confirmation has been made by the government in this regard so far.
In fact, government employees have been demanding for a long time to increase the fitment factor, because as soon as there is a change in the fitment factor, its effect will be visible on the entire salary of the employees. Last time in 2017 the entry level basic pay was increased from Rs 7000 to Rs 18000 per month. According to media reports, the minimum salary of employees can be increased once again by the Modi government under the 7th Pay Commission. At present, the fitment factor of the employees under the 7th Pay Commission is 2.57 times and the basic salary is 18000. .
Actually, the fitment factor is a big parameter to decide the minimum salary of central employees. Due to this factor, the salary of central employees increases by more than two and a half times. 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. can think.
According to media reports, the fitment factor can be increased to 3.68 percent, after which the minimum basic salary will be 26000. A draft will be prepared for this, which will be shared with the government, although no official confirmation has been made yet. 52 lakh employees will get benefits from 50000 to 96000 in basic salary.
Bumper jump in salary
- Central employees get Rs 18000 as minimum salary while maximum salary is Rs 56,900. For example, if basic salary of a central employee is Rs 18,000, then his salary excluding allowances is Rs 18,000 X 2.57 = profit of Rs 46,260 Will happen.
- On being 3.68, the salary will be Rs 95,680 (26000 X 3.68 = 95,680) i.e. Rs 49,420 will be available in the salary. On 3 times the fitment factor, the salary will be 21000 X 3 = 63,000. The government will consider this after next year’s budget. can take a decision.
