7th Pay Commission Big Announcement: New salary details
New Delhi/Bhubaneswar: While the central government employees are still ambiguous of the government further increasing the minimum pay, a big news is making rounds that the Centre will increase the minimum pay further as recommended under the 7th Pay Commission taking into consideration the demand of the employees.
According to media reports, the government will come up with the new salary for the employees in the next financial year. Finance Minister Arun Jaitley had earlier last year assured to raise the central government employees’ salaries and the Modi government will accordingly increase the fitment factor.
If the government increases the fitment factor as per the demand of the employees then the new minimum pay will cross Rs 24,000. However, it’s still undecided.
Salary of the employees whose salaries fall in the pay matrix level 1 to 5 will get the hike in pay from April this year, said sources.
It was earlier believed that the government would hike the pay only after the Dearness Allowance (DA) crosses 50 per cent with an aim
to keep a balance between the salary of the Central government employee and the market price.
Moreover, the Central government employees have been demanding the minimum pay to be increased to Rs 26,000. However, if reports are to be believed, the government is considering to hike the pay to only Rs 21,000 from the existing Rs 18,000.
Meanwhile, reports are also there that the government may not come up with any pay commission in future and to compensate that it
may introduce a new an alternative system where the salaries and allowances of the employees would be increased every year
instead of once in a period of 10 years.