7th Pay Commission: Minimum pay hike can be expected soon

New Delhi/Bhubaneswar: Is good news on the cards for lakhs of Central government employees? Will the NDA government increase the minimum pay of the employees? When will the Centre fulfill the demand of the 50 lakh employees? Of course, these questions are in the mind of all and rumours have been making the rounds since the government was urged to hike the minimum pay.

However, the government is yet to come up with something that can being cheers for the CG employees. But…If media reports are to be believed, the government may announce something related to the pay hike on August 15.

Announcement of the pay hike beyond the recommendations of the 7th Pay Commission on August 15 seems possible, say sources citing that the government shouldn’t have any problem in increasing the salary it will have a positive impact on the economy i.e. if spending and consumption of people increases then it benefits the economy.

It is also believed by experts that the implementation of 7th Pay Commission is one of the factors that is driving India’s economic growth under the NArendra Modi-led BJP government.

Earlier reports were that the Modi government could consider hiking the minimum pay further only if it comes to power again in 2019 as increasing the pay further now may trigger inflation like situation in the country that will further impact the saffron party’s prospects in the upcoming election.

To encapsulate, nothing can be said as of now as the government is yet make any official announcement in this regard.

CG Employees Demand

The government employees have been demanding a hike the minimum pay from the present Rs 18,000 to Rs 26,000- an increase in the fitment factor 3.68 times from the existing 2.57 times.

The employees are of the view that the there will be no change in their financial position until and unless the government hike the minimum pay as the recommendation of the 7th Pay Commission was enough in this regard.

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