If you are a central government worker as well, you are in for an amazing news. There are positive developments regarding the fitment factor that is anticipated to trigger another rise in the salaries of the employees. As per the figures released by the government, the Employees Council has recommended the government to enhance the fitment factor to 2.86.
Of this takes place,the minimum salary of central government employees will stand at Rs. 51, 451. Meaning, there will be an addition of close to Rs 35,000 in the salaries. Let it be known that until this moment workers are paid even a basic of Rs 18 only. The Employees Council is demanding that this figure be raised to Rs 51000. Now again the issue about the fitment factor is also coming up.
salary rise of about 35000
Countries come after about a rise of 300% in the level’s inflation. However the amount of dearness allowance is very little. Proposals for the increase in fitment factor to the government was made by the Secretary of NC-JCM. It is being informed that fitment factor a demand for more than 2.86 has been raised in the government. It is reported that while there is no official word from the government on this, it is still in agreement within the government.
In such a case, central government employees will be looking at a salary rise of about 35000. Let us tell you that the last Pay Commission i.e. the 7th Pay Commission recommended an increase in the fitment factor to 2.57, which was approved by the central government. So the basic pay of government employees was raised from Rs 7000 to Rs 17900 in this case. But now, in view of rising inflation, it is being said that this is no longer adequate.
What is the fitment factor?
The fitment factor is a number by which the government increases salaries and pensions. Using this number, salary is typically increased. Presently, workers are paid a salary on the basis of a fitment factor of 2.57.
This time again, it has been recommended to the government to revise the fitment factor and this time it is being considered in the context of the current inflation rate. Not just that, the voices regarding the 8th Pay Commission have already started coming forward. But most of the analysts believe that the government is not looking to implement it till the year 2025.
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