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Minimum Pay, Fitment Factor Hike to be Announced in This Month For Government Employees

October 25, 2018, 10:59 AM
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Over 50 lakh Central Government employees are all set to get a pay hike soon, a media report has claimed. If speculations are to be believed, the CG employees, demanding a hike in minimum pay and fitment factor beyond 7th Pay Commission recommendations, may get to hear a good news in December this year. It will be interesting to see whether the government makes the announcement this time or not as earlier if was speculated to hike the salaries of the Central Government employees in August on the occasion of Independence Day. However, nothing of that sort happened.

As per the reports doing rounds in the media, the Centre has finalised the minimum pay and fitment factor hike for the CG employees who are demanding an increase beyond the 7th Central Pay Commission or 7th CPC recommendations. The announcement is likely after the Assembly polls in five states and before the Lok Sabha Elections 2019. The Centre is planning to announce Rs 2,000 hike in the minimum pay of the CG employees, reports had claimed earlier.

The Central Government employees are currently getting a minimum pay of Rs 18,000. They are demanding a hike of Rs 8,000 which will take up their salaries to Rs 26,000. Furthermore, they are also seeking a hike in the fitment factor, from 2.57 times to 3.68 times. The demands made by them are beyond 7th Pay Commission recommendations.

A clarity on whether or not the Central Government employees will get a hike in the minimum pay and fitment factor could not be gained as positive reports about the matter have been doing rounds since a long time now regardless of the fact that Minister of Finance (MoS) P Radhakrishnan, in March, had declared that the Centre is not considering a raise the minimum pay and fitment factor of 50 lakh Central Government beyond 7th Pay Commission recommendations.

Source – Zee News

   
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Disclaimer: The Information /News /Video provided in this Platform has been collected from different sources. We Believe that “Knowledge Is Power” and our aim is to create general awareness among people and make them powerful through easily accessible Information. NOTE: We do not take any responsibility of authenticity of Information/News/Videos.