22.1 C
New Delhi
Monday, November 18, 2024
HomeFinanceMajor good news may come tomorrow, likely hike in minimum pay to...

Major good news may come tomorrow, likely hike in minimum pay to Rs 26,000: 7th Pay Commission

An expansion in the fitment factor will bring about a critical lift too the compensation of focal government workers.

Seventh Pay Commission most recent update: Central government workers may at last get to hear some uplifting news connected with the longstanding interest for expansion in fitness factor. Conversation on the issue might be directed during the bureau meeting planned for later, it was accounted for by numerous media sources.

An expansion in the fitment element will bring about a huge lift too the compensation of focal government workers. The interest has been to increment least compensation by Rs 8,000, from 18,000 to Rs 26,000. On wellness factor, the interest is for a climb from 2.57 times to 3.68 times.


A declaration from the Center on expanding the fitment element will understudy likewise help the compensation of central government representatives. An increment to 3.68 percent in the fitness factor will help least compensation by 8,000, it was accounted for.

Seventh Pay Commission: Salary estimation for fitment factor hike

A raise in fitment factor by 3.68 times will expand the fundamental compensation to Rs 26,000. With the ongoing least compensation of Rs 18,000, representatives will get Rs 46,260 (2.57 seasons of fundamental compensation) on present fitment factor, barring recompenses.

An expansion in fitment factor to 3.68 times will take the compensation up to Rs 95,680 (3.65 x 26,000).

Suggestions of the seventh Pay Commission were endorsed by the Union Cabinet back in June 2017 with 34 alterations. In the new compensation scales, the passage level essential went up to Rs 18,000 from Rs 7,000 month to month. At the most significant pay scale (Secretary level), the compensation saw hike to Rs 2.5 lakh from Rs 90,000.

Source

- Advertisment -

YOU MAY ALSO LIKE..

Our Archieves