New Delhi, September 15: Around 46 lakh central government employees are eagerly waiting to get a hike in minimum wage under the 7th Pay Commission in next few days, some reports suggest that the employees will not get arrears on revised minimum pay. Earlier this month, several media houses reported that the Ministry of Finance is planning to raise the minimum pay hike from Rs 18,000 to Rs 21,000 under the 7th Pay Commission.

In June, the Finance Ministry headed by Arun Jaitley had fixed minimum pay at Rs 18,000 considering the fitment formula at 2.57 times. Now some reports suggest that the government may agree to raise fitment factor to 3 times.

However, the Sen Times quoted a source within Finance Ministry saying that the “Government is very pleased to hike the minimum pay of Rs 21,000 with raising fitment factor 3.00 times from 2.57 times, will be paid from January next year”. The report further added that the government is considering is taking it seriously as it will impact the overall financial system but there will be no arrears on higher minimum pay given to employees. Finance Minister will place this proposal before the Cabinet next year in January, the report further said.

The latest development on raising the minimum wage came in after the National Anomaly Committee felt the current minimum pay was not “helpful” for maintaining living standards.

Last year the government had formed a 22-member National Anomaly Committee which was headed by Secretary of Department of Personnel and Training (DoPT). The committee was ordered to look after the concerns of central government employees related to the minimum wage.

Meanwhile, a large number of central government employees have been demanding for the rise in minimum wage to Rs 26,000 by raising the fitment formula to 3.68.