7th Pay Commission: The central government can give a big gift to the employed people in the new year. The government can take its decision on revising the fitment factor in the new year.
If this happens, then a bumper increase in the salary of the employees can be seen. In fact, government employees have been continuously demanding to increase the fitment factor for a long time. According to media reports, the government may consider increasing the fitment factor till March.
Government can decide in March
According to media reports, the government may increase the fitment factor after the budget in March this year. However, no official announcement has been made by the government to increase the fitment facto
There can be a bumper increase in salary
Under the 7th Pay Commission, central employees are getting salary according to the fitment factor of 2.57 percent. Now the workers are demanding to increase it to 3.68 times. If this happens, then the fitment factor is increased from 2.57 to 3.68 per cent, then the minimum basic salary will increase from Rs 18,000 to Rs 26,000. If the central government accepts this demand, then there will be a tremendous increase of Rs 8,000 in the minimum basic salary of the central employees. With the increase in basic salary, allowances will also increase.
Salary can increase so much
If the fitment factor is increased to 3.68, then the basic pay of the employees will be Rs 26,000. Now if your minimum salary is Rs 18,000, then excluding allowance you will get Rs 46,260 (18,000 X 2.57 = 46,260) according to 2.57 fitment factor. Now if the fitment factor is 3.68 then your salary will be Rs 95,680 (26000X3.68 = 95,680).
