7th Pay Commission Assures Minimum Hike on Pay, Fitment Factor

7th Pay Commission Assures Minimum Hike on Pay, Fitment Factor

7th Pay Commission: The National Anomaly Commission (NAC) has approved the minimum salary hike for employees and fitment factor from the month of December. The NAC is going to meet finance minister Arun Jaitley to recommend the same. The NAC is hoping to increase the salary of Central Government Employees for around 48 lakh employees.

7th Pay Commission Assures Minimum Hike on Pay, Fitment Factor

7th Pay Commission Assures Minimum Hike on Pay, Fitment Factor

The 22-member National Anomaly Commission is going to approach the Union Cabinet for approval of pay hike on 15th December. The central government employees seeking the pay hike and fitment factor can soon have the news from the cabinet union approving the same.

How Much Hike will be offered in Salary and Fitment Factor?

If the Government approves the NAC’s request, the salary hike heir Minimum Pay hiked to ₹21000 from the effectively updated ₹18000 least pay; and the Fitment Factor raised to 3x from the current 2.57 times.

From which Date the Hike Will Be Applicable to Central Government Employees?

Once approved, the NAC proposal will be actualized from 1st April 2018. Prior this year in June, many recommendations of the 7th Pay Commission were affirmed by the Union Cabinet, among which the Minimum Pay was hiked to ₹18000 from ₹7000 prior and the Fitment Factor was made to 2.57 times.

Central Government Employees Salary Hike and Government Approval

After the 7th Pay Commission recommendations came into effect from 1st July 2017, scores of central government employees had expressed their dissatisfaction over the recommendations of 7CPC and had demanded that the Minimum Pay is raised to ₹26000 and Fitment Factor to 3.68 times.

After the seventh Pay Commission suggestions became effective from 1st July 2017, scores of central government employees had communicated their disappointment over the proposals of 7CPC and had requested that the Minimum Pay is raised to ₹26000 and Fitment Factor to 3.68 times.

Considering 48 Lakh central government workers (34 Lakh Civilian and 14 Lakh Defense Personnel) and taking ₹3000 every month hike, the Central Government is guessed to have saved around ₹26000 Crores by deferring its choice on Minimum Pay hike and Fitment Factor for 18 months.

10 central government organizations have done the strike for 3 days seeking the decision from the central government. The organizations are – Indian National Trade Union Congress (INTUC); All India United Trade Union Centre (AICCTU), Hind Mazdoor Sabha (HMS), Centre of Indian Trade Unions (CITU), Trade Union Coordination Centre (TUCC), All India Central Council of Trade Unions (AICCTU), United Trade Union Congress (UTUC), All India Trade Union Congress (AITUC), Self Employed Women’s Association (SEWA), and Labour Progressive Federation (LPF).

According to sources, the Union Cabinet is focused on accepting the NAC recommendation in perspective of rising salaries. However, these representatives may not get the amended Minimum Pay in arrears will be pertinent from next budgetary year as it were.

Also Check: SBI LEnding Rates Reduced

One Comment on “7th Pay Commission Assures Minimum Hike on Pay, Fitment Factor”

  1. Just wanna input on few general things, The website layout is perfect, the articles is very superb : D.

Leave a Reply

Your email address will not be published. Required fields are marked *