7th Pay Commission: Latest News on Arrears, Minimum Pay Hike and Fitment Factor; Check Out Here
7th Pay Commission: Latest News on Arrears, Minimum Pay Hike and Fitment Factor; Check Out Here
Mumbai, February 7: For 48 lakh central government employees who are eagerly waiting for some good news, this will bring a major relief for them as the government has decided to increase salaries of t
According to a report, the change in the hike would affect “lower-level employees of pay matrix level 1 to 5”.
On the recommendations of 7th Pay Commission, the Union Cabinet had also cleared a nod to this effect on June 29, 2016.
Earlier in January, the finance ministry said that they would be soon preparing a draft proposal to lift the salaries.
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The 7th pay Commission headed by Justice AK Mathur and his team had suggested for replacing the 6th Pay Panel scales with a fitment factor of 2.57 times uniformly.
The central government employees union also demanded a hike in minimum pay of Rs 18,000 to Rs 26,000 and they also asked to raise the fitment factor to 3.68 times from 2.57 times.
In 2016, after the implementation of 7th Pay Commission, Finance Minister Arun Jaitley had assured the unions that the government will look into their core demand of increasing pay and fitment formula through a High-Level Committee.
FM Jaitley while addressing the Rajya Sabha had reiterated his commitment to increase the minimum pay for the central government employees beyond the recommendations of 7th pay Commission.
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