7th Pay Commission: Rise in Central Govt Employees’ Fitment Factor; here’s the detail

The never ending wait of the Central government employees demanding a rise in the minimum pay is likely to be stretched longer as it seems as of now taking into account the current economic and political situation in the country.

No doubt the government employees’ hopes were repeatedly crushed- hopes that we can say media generated, but currently the Narendra Modi-led NDA seems unmoved and engulfed in its own issues.

Early Elections- Political Factor

With the Election Commission of India (ECI) making statements giving a hint of early elections, it seems the Modi government can in no way meet the demands of the CG employees. But… if it is seen from a different angle- the NDA government will also never want to face the wrath of the employees by just keeping blind to their demands.

7th pay commission

The general elections are due for May-June 2019, but in case the Modi government goes for early polls then it might be preponed to December or January.

Besides, there are chances of ‘simultaneous elections’ in the country so, in no way the government will get enough time to go through the implications of increasing the fitment factor of the employees beyond the recommendation of the Seventh Pay Commission.

Fall in Rupee Value against Dollar- Economic Factor

Will the value of rupee keep falling against the US dollar? What will be its impact? These are the questions the country is currently brooding upon. Fall in Share market and unabated increase in fuel prices have already shown us the ramification it has and under such economic condition, can the Modi government think of taking such a step is something eagerly being awaited to witness.

Demonitisation

In case the government takes any step to increase the fitment factor then it has to go through a detail study of its financial implications and impact on the economy. Moreover, it can think of rolling out the hike in phase manner to ease the pressure on the government exchequer.

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Of all, there are media reports that the CG employees can expect a hike in a phased manner and importantly, the salary of the employees in low-salaried category will be increased first.

The Central government employees are presently getting a minimum pay of Rs 18,000. They are demanding a hike of Rs 8000- Rs 26,000- an increase in the fitment factor by 3.68 times from the existing 2.57 times.

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