7th Pay Commission Fitment Factor update: There is great news once again for the central employees. The government can take a decision on the fitment factor this month. This will increase the minimum basic salary of the employees. Let us know its complete information.
A draft will be prepared for this, which will be shared with the government. Union has given a big update. If this is agreed with the government, then the basic salary of more than 52 lakh central employees can be increased under the fitment factor.
Union is demanding change
It is worth noting that the government has recently increased the dearness allowance and dearness relief to the employees. After this, the employees will get the benefit of increased dearness allowance and dearness relief from July. Now if there is a change in this, the minimum basic salary of the employees will increase.
As soon as there is a change in the fitment factor, its effect will be visible on the entire salary of the employees. It is expected that a meeting can be held by next month regarding the fitment factor. Government employees have been demanding for a long time to increase the fitment factor.
Important role in salary
At present, the fitment factor is being given to the central employees at the rate of 2.57 percent, which can be increased to 3.68 times. Let us tell you that the fitment factor plays an important role in deciding the salary of central employees. Change in fitment factor means it will affect your salary as well. Actually, on the basis of this, the basic salary of the employees is increased.
Basic salary was increased in 2017
It is worth noting that on increasing the fitment factor from 2.57 to 3.68, the minimum basic salary will increase from 18 thousand to 26 thousand rupees. Earlier in 2017, the basic salary of entry level employees was increased by the government. But after that no change was made in it. At present, central employees get Rs 18 thousand as minimum salary, while maximum salary is Rs 56,900.
View Calculations
If the government makes the fitment factor 3 times, then the salary of the employees excluding allowances will be 18,000 X 2.57 = Rs 46,260. At the same time, if the demand of the employees is accepted, then the salary will be 26000X3.68 = Rs 95,680. Salary will be 21000X3 = Rs 63,000 on 3 times fitment factor.