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  • Friday, 6 October 2017

    7th Pay Commission: Good news, Pay hike confirmed, govt gives green signal
    7th Pay Commission : Government gives signal for basic pay hike
    The government has given the green signal to hike the minimum pay and fitment factor beyond the recommendation of the 7th Pay Commission. This news would come as a major relief to all Central Government employees who have been waiting for good news and latest updates on pay hike. The green signal has been given to the National Anomaly Committee which is set to meet this month. The NAC would now take up the issue.
    Minimum pay hike gets green signal:
    The NAC was formed to look into the pay anomalies rising out of the 7th Pay Commission recommendations. The government had assured that the anomalies would be looked into. Now it has given the green signal to the NAC to go ahead with the pay raise and also the fitment factor to 3 times. This would mean that the pay would be hiked from Rs 18,000 to Rs 21,000.Government has funds:
     Government has funds:
    Officials in the Ministry of Personnel, Public Grievances and Pensions say that the government decided to give the green signal as it had funds. The government realises that it has the funds to increase the pay of the CG employees. This is the reason why it gave the green signal to the NAC to go ahead and hike the minimum pay and increase the fitment factor to 3 times.
    How much will salary hike be:
    As of now, the indication is that the salary hike would be Rs 21,000. However there is no clarity of what the final amount would be. It could be more and that would depend on the deliberations at the NAC meet. However sources say that the amount would not be below Rs 21,000. Read more at: https://www.oneindia.com/india/7th-pay-commission-govt-gives-green-signal-to-hike-basic-pay-and-it-fitment-factor/articlecontent-pf30486-2557500.html
     

    1 comment:

    1. will this factor of 3.0 be applied to pensioners also or it is just for the current employees?, any thoughts?

      ReplyDelete