Fitment Factor: Central government employees are expected to increase their salary. There are reports that those people can get good news in the month of March. Actually, government employees have been expecting an increase in DA for a long time.
Apart from this, people are also very hopeful about the fitment factor. There people are sitting expecting salary revision. In such a situation, today we are going to tell you about those three issues, whose announcement can give relief to the government employees.
Central Government employees can expect some big announcements from the Central Government after Holi 2023. These include 7th Pay Commission Fitment Factor, Dearness Allowance (DA) hike and pay revision. Recently, the Central Government has also updated the House Rent Allowance or (HRA) rule for central employees under the recommendations of the 7th Pay Commission.
According to salary revision reports, there is only one year left for the formation of the 8th Pay Commission, considering this, the government may announce a new formula for salary revision. It is expected that this can happen after Holi 2023.
Fitment Factor
Media sources report that the basic pay of central government employees is likely to increase after Holi 2023 as the government may take a decision on the pending fitment factor hike.
Media sources also suggest that after the fitment factor increase, the basic pay of government employees will also be increased from Rs 18,000 to Rs 26,000. Government employees get salary on the basis of fitment factor and at present the fitment factor is 2.57 percent. Although government employees are demanding to increase the fitment factor to 3.68 percent.
DA-DR reports suggest that the central government can make the dearness allowance (DA) of government employees effective from January 1 in March 2023. The central government increased the DA by 4 percent in September last year, therefore increasing the DA from 34 percent to 38 percent. In this March, the government can also increase DA by 4%. There is a possibility that the government may also increase the dearness pension (DR) of the pensioners.
