7th- pay commission: Central Government employees can get many gifts simultaneously next month. It includes dearness allowance as well as fitment factor. According to the latest media reports, it can be considered to increase the fitment factor in August, meeting the demand of central employees that has been rising for a long time.
If agreed, it can be implemented from September 1, 2022 and 52 lakh employees will get its benefit. However, no official statement has come out from the government. Actually, the fitment factor is considered to be an important role in deciding the basic salary of central employees. Due to this factor, the salary of central employees increases by more than two and a half times. Based on the fitment factor, the revised basic pay is calculated from the old basic pay.
Fitment factor is an important recommendation in the last pay commission report, on this basis the increment will be decided. Last entry level basic pay in 2017 was Rs 7000. It was increased from Rs 18000 per month and now if it is approved, then the minimum basic salary will be increased by 8000. Actually, the fitment factor is considered to be an important role in deciding the basic salary of central employees.
Due to this factor, the salary of central employees increases by more than two and a half times. Based on the fitment factor, the revised basic pay is calculated from the old basic pay. Fitment factor is an important recommendation in the last Pay Commission report, on this basis the increment will be decided.
In its recommendations, the 7th Pay Commission also said It was that the government should revise the salary of the employees not only once in 10 years but from time to time. The same employees have also been demanding for a long time to increase the fitment factor from 2.57 per cent to 3.68 per cent, so that the basic salary can be increased. Last time in 2017 the entry level basic pay was increased from Rs 7000 to Rs 18000 per month and Now if it is approved, then the minimum basic salary will increase by 8000 i.e.
the basic salary at Pay-Level-1 is Rs 18000, if the fitment factor increases then it can be Rs 26000.
Will 8th pay scale be applicable?
According to media reports, after the 7th Pay Commission, the 8th Pay Commission will not come or not. will not come. According to the sources, the government is working on such a system so that the salary of the employees can be increased on the basis of their performance linked increment like private employees. For this, a new plan can be brought soon, on preparing its proposal.
Discussions are going on. According to media reports, if this happens, then the salary of employees will increase according to different levels. All allowances and salary can be reviewed on the basis of Aykroyd formula. Central employee with pay level matrix 1 to 5 can have their minimum salary between 21 thousand.
It is reviewed by the Labor Bureau, so it has been suggested by the government that changes should be made in this metrics from time to time and for this there is no need for the next pay commission. Since the late former Finance Minister Arun Jaitley, in one of his speeches in Parliament in 2016, had indicated that the government should consider the salary of employees ahead of the Pay Commission, in such a situation, if the sources are to be believed, then the Modi government will now have a new salary.
Instead of bringing the commission, at present, the new formula and promotion can be considered. Under the 7th Pay Commission, in the new pay scale, the salary is made on the basis of Pay Matrix and Pay Matrix was linked to the fitment factor, Under which the salary is made on the basis of 2.57 times fitment factor. This arrangement has come into effect from 1 January 2016.
How much will be the increase in salary, understand like this
The minimum pay scale under 6th Pay Commission was Rs.7,000 with fitment factor 1.86 times and increment 54%. Minimum pay scale reached Rs.18,000 under 7th Pay Commission with fitment factor 2.57 times and increment 14.29%. Now if the fitment factor is 3.68 times then the minimum pay scale will be 26,000. For example, if the basic salary of a central employee is Rs 18,000, then his salary excluding allowances will be 18,000 X 2.57 = Rs 46,260 profit. But the salary will be Rs 95,680 (26000 X 3.68 = 95,680) i.e. Rs 49,420 will be benefited in the salary.
