Tuesday, November 29, 2022

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7th Pay Commission: Good news for more than 52 lakh central employees, here is the gift details!

7th Pay Commission: The central government is currently required to honour its employees. There is good news for the central government employees once more following Diwali. Following a four per cent increase in Dearness Allowance (DA) before Navratri, DA is now anticipated to rise starting in January 2023 of the following year. If nothing changes, the dearness allowance might rise by three to four percent the next year as well.

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The central government may soon enhance the fitment factor for more than 52 lakh central employees, according to recent news reports. It is important to note that the basic pay grows in accordance with the fitting factor. In fact, the central employees have been pressing the central government for a raise in the fitment factor for a very long time.

Currently, central staff receive a fitting factor of 2.57%. It is wanted to be increased to 3.68 times. The minimum basic wage will rise from Rs 18,000 to Rs 26,000 when the fitment factor is increased from 2.57 to 3.68. The minimum wage for central employees will significantly increase if the central government accedes to this demand.

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It is important to remember that the fitting factor was last raised in 2016. In the same year, the 7th Pay Commission was also put into effect. At that moment, the employees’ minimum pay increased immediately from Rs. 6,000 to Rs. 18,000. The highest level, however, saw an increase from Rs. 90,000 to Rs. 2.5 lakh. This year, the government can now raise the salaries of central personnel once again.

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