Monday, 26 February 2018

7th Pay Commission: Happy Holi! This is when the government can implement enhanced pay scale

7th Pay Commission: Happy Holi! This is when the government can implement enhanced pay scale
There is a good news for the Central Government employees, who are eagerly waiting for the implementation of the recommendations of the 7th Pay Commission, the final decision on the matter can be taken in April. According to a report from The Sen Times, government employees may get an increase in their salary from April 1, 2018. However, this development applies only to those employees who come in the pay matrix level 1 to 5. Increased from his salary to Rs. 18,000 to Rs. 21,000

A panel has been set up by the Finance Minister for the same. This team will make the final call on the demands of these employees by April this year. Employees falling in salary matrix 1 to 5 will also see their fitness factor from 2.57 times to 3.00 times the basic 6th pay commission. An official in the report said that Finance Minister Arun Jaitley chooses lower-level employees and chooses and increases pay accordingly. Therefore, lower level employees are more likely to benefit than the mid-level employees.

The 7th Pay Commission recommended the basic increment of Rs 18,000 to Rs 21,000, but the employees have demanded an increase of Rs 26,000. If recent reports are believed, then the proposal will be sent to the cabinet for the same in the beginning of the next financial year.

In June 2016, the Union Cabinet approved the recommendations of the 7th Pay Commission. After that, Finance Minister Arun Jaitley had promised in the Rajya Sabha, in the increment of central government employees, beyond the suggestion of the 7th Pay Commission.

All allowances were effected on 1 July 2017. The approval of the 34 cabinet Ministers amendment also means that the treasury has an annual burden of Rs 30,748 crore.

The recommendations of 7th CPC are likely to benefit about 1 crore employees, of which 47 lakh central government employees and 53 lakh pensioners are included, out of which 14 lakh employees and 18 lakh pensioners are from Defense forces.

What is the Fiton factor?

This is a figure used by the 7th Pay Commission, with which the basic salary (i.e. pay band + payment in grade payment) is multiplied in the 6th CPC rule. This gives you the revised salary structure under the new commission.
click here to read in hindi