7th Pay Commission: Fitment Factor Hike For CG Employees’ Update
No doubt the meeting of National Joint Council of Action (NJCA) gave rebirth to the hopes of the Central government employees that the Narendra Modi government might look into the demand of hike in minimum pay beyond the recommendations of the 7th Pay Commission, but the CG employees are yet to get any headway in that regard.
The CG employees are presently getting a minimum pay of Rs 18,000. They have been demanding a hike of Rs 8000 or an increase in the fitment factor by 3.68 times from the existing 2.57 times. However, the government is yet to look into the demand of the CG employees.
While it is believed that the government will take a concrete decision ahead of the 2019 polls with an aim to pacify the brewing resentment among the central government employees, expectations are also there that, if no minimum pay hike, at least there will be a hike in the Dearness Allowances (DA).
In case the government increases the DA, it will be the second sop for the employees after the recent reports by the Personnel Ministry that the Centre has increased the monetary limit on disclosure of investment in shares and mutual funds by employees to six months of their basic pay.
As per the 1992 rule, disclosure of details related to transaction in shares, securities or mutual fund schemes exceeding Rs 50,000 and Rs 25,000 during a calendar year was mandatory for Group ‘A’ – ‘B’ officers and Group ‘C’ – ‘D’ employees respectively.
On the other hand, it is believed that the Modi government is serious about the minimum pay issue and is likely to make an announcement in this regard by March 2019.