New Delhi, Feb 22: After much wait, the finance ministry has finally formed a panel which would look into and take a final call on the hike in minimum pay and fitment factor beyond the recommendations of the 7th Pay Commission or 7CPC. The panel, expected to be headed by Cabinet Secretary Pradeep Kumar Sinha, will submit its report on fitment factor and minimum pay hike beyond 7th Pay Commission recommendations in six months. The hike in minimum pay and fitment factor beyond 7CPC is likely to be done from April 1. (7th Pay Commission: Current Status & Updates on Hike in Minimum Pay, Fitment Factor) Also Read - 7th Pay Commission Latest News: UPSC Jobs With Salary Up to Rs 1,77,500 Plus DA, Other Allowances on Offer | Check Details

A hike in minimum pay and fitment factor for the central government employees under the recommendations of the 7th Pay Commission was approved by the government on June 29, 2016. The 7th Pay Commission had recommended a hike in minimum pay from Rs 7,000 to Rs 18,000, maximum basic pay from Rs 80,000 to Rs 2.5 lakh with fitment factor 2.57 times. The central government employees, however, demanded a raise in minimum pay and fitment factor beyond the recommendations of the 7th Pay Commission. They demand to raise minimum pay from Rs 18,000 to Rs 26,000 and fitment factor 3.68 times from 2.57 times, beyond the recommendations of the 7th Pay Commission. Also Read - 7th Pay Commission Latest News: Retirement Age of Govt Employees of THIS State Increased | Check Who Will be Benefitted

The panel, which has been formed by the finance ministry to look into the minimum pay hike and fitment factor beyond the 7th Pay Commission recommendations, will have  secretaries from ministries of Home Affairs and Defence, department of personnel and training, pension, revenue, expenditure, posts, health, science and technology Chairman of Railway Board and Deputy CAG as its members, as per the reports. Also Read - 7th Pay Commission Latest News: Dearness Allowance, HRA, Travel Allowance of Central Govt Employees Likely to Change From April | Details Here

The development has come a few days after the reports that the government is likely to give its nod to hike in minimum pay and fitment factor beyond the recommendations of the 7th Pay Commission in April 2018. Amid such reports, the government may hike the minimum pay from Rs 18,000 to Rs 21,000 and fitment factor to 3.00 times from 2.57 times as per the recommendations of the 7th Pay Commission. Will minimum pay and fitment factor be hiked beyond the recommendations of 7th Pay Commission in April? The question remains unanswered for now.