Minimum Salary Of Central Govt Employees Can Be Increased By 44% Under 7th Pay Commission? Rs 26,000 Minimum Salary?
According to media reports, the Central cabinet could soon take a decision on increasing the basic salary to Rs 26,000.
The central government employees had been long pressing to hike the fitment factor and this could be the 7th Pay Commission’s latest update.
The salaries of the central employees will hike accordingly. Currently, the minimum salary offered to the central government employee is Rs 18,000 and with the hiked fitment factor, the salary could increase to Rs 26,000.
The government has to increase the fitment factor from 2.57 times to 3.68 times for such an impressive hike to happen.
Fitment Factor Calculation:
Let’s throw some light on the fitment factor and the calculation.
Currently, let’s take the minimum government salary, i.e., Rs 18,000(excluding allowances) and increases the fitment factor to 2.57, then the basic salary shall become be Rs 46,260 (18,000 X 2.57 = 46,260).
The salary in the case of a fitment factor of 3.68 would increase to Rs 95,680 (26000X3.68 = 95,680).
Union Cabinet Approved Recommendations
With 34 modifications, the recommendations of the 7th Pay Commission were approved by the Union Cabinet. These new scales will increase the minimum basic pay from Rs 7,000 per month to Rs 18,000.
At the highest level, on the other hand, the salary will go from Rs 90,000 to Rs 2.5 lakh. The starting salary for class 1 officers was Rs 56,100.
Nothing can be said for sure until and unless there is an official announcement from the government in relation to the fitment factor. For the employees to central government, there is only thing in hand, patience!
Let’s hope for the best!
Stay tuned to know more about the developments.