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Business News » India News

7th Pay Commission: Fitment factor likely to be 3 with hike in minimum pay to Rs 21,000

The hike in mimum pay to Rs 21,000 will raise the fitment factor 3 times from current 2.57 times. 

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7th Pay Commission: Fitment factor likely to be 3 with hike in minimum pay to Rs 21,000
Rupee. Photo: IANS
Written By: ZeeBiz WebTeam
Updated: Thu, Sep 07, 2017
03:17 pm
Mumbai, ZeeBiz WebDesk
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The central government employees are in wait for hike in minimum pay to Rs 21,000 from current Rs 18,000 under 7th Pay Commission. 

The government is likely to soon announce the decision of raising the minimum pay for central government employees considering the inflationary pressure, a media report said. 

A Ministry of Finance official said that this rise in minimum pay as per 7th Pay Commission is because the government felt the current minimum pay was not "helpful" for maintaining living standards, as reported by The Sen Times. 

The hike in mimum pay to Rs 21,000 will raise the fitment factor 3 times from current 2.57 times. 

As per the report, the step likely to be taken by the National Anomaly Committee soon. 

Last year in September, the government had formed a 22-member National Anomaly Committee which was headed by Secretary of Department of Personnel and Training (DoPT). The committee was formed to look into the concerns of central government employees related to the minimum pay. 

Now, after discussing the matter with the stakeholders, the committee may recommend a hike in minimum pay to Rs 21,000. 

However, the central government employees unions were demanding the rise in minimum pay to Rs 26,000 and raising fitment formula to 3.68. 

In June, when the Union Cabinet had approved the implementation of 7th Pay Commission, that time, the Ministry had fixed minimum pay at Rs 18,000 considering the fitment formula at 2.57.

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TAGS:
7th Pay commission7th Pay Commission Recommendationscentral government employeesminimum payminimum pay hikeNational Anomaly CommitteeDepartment of Personnel and Training
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