Fitment Factor 52 lakh employees will get great news, agreed upon fitment factor!

New Delhi. 7th Pay Commission : There is a great news for central employees. The government can take a decision on the next fitment factor. This will increase the minimum basic pay of the employees. A draft will be prepared for this, which will be shared with the government.Very soon 52 lakh employees are […]
 


Fitment Factor 52 lakh employees will get great news, agreed upon fitment factor!

 

New Delhi. 7th Pay Commission : There is a great news for central employees. The government can take a decision on the next fitment factor. This will increase the minimum basic pay of the employees. A draft will be prepared for this, which will be shared with the government.Very soon 52 lakh employees are going to get great news. According to the latest information, an agreement has been reached on the fitment factor of the employees. After which there is a possibility of increase in the minimum wage of the employees. let’s know

According to our partner website Zee Business, a meeting on this issue can be held by the end of July after the draft is submitted. Union has given this new update. If this is agreed, then the basic salary of more than 52 lakh central employees can be increased under the fitment factor.

Bumper salary of employees will increase

New dearness allowance may be applicable for central employees from August 1, 2022. In fact, according to the data of AICPI, from August 1, 2022, there may be an increase of 4 to 5 per cent in dearness allowance i.e. 38 to 39 per cent DA. So far, the data of the AICPI index till May has come. But, after the June figures, the government can announce it. Meanwhile, if the government agrees to the fitment factor, there will be an increase in the salary and pension of central employees and pensioners.

increase in minimum basic pay

Let us tell you that in the 7th Pay Commission, the salary of central employees is decided by the fitment factor. If the fitment factor increases, then the minimum wage of central employees will increase. Let us tell you that due to this formula, the salary of central employees has increased by more than two and a half times. At present, the fitment factor of the employees is 2.57 times. On this basis the minimum basic pay is Rs 18000 and the maximum basic pay is Rs 56900.

 

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