7th Pay Commission latest news today: Central government employees eye fitment factor hike by 3.68 times
7th Pay Commission latest news today: The demand is for salaries of central government employees salaries to be raised by a fitment factor hike to 3.68 times from the present 2.57 times. However, the central government has not given any hint at all about whether it intends to do so or not, but nothing is written in stone.
However, the expectations around 7th pay commission (7th CPC) report recommendations being changed for the better to benefit central government employees have gradually risen to a crescendo with many expecting the upcoming national holiday to become the platform for the announcement of a gift for the staff. Promises have been made by the authorities at the highest levels, but exactly when these will be fullfilled is still in the realms of conjecture.
The points that are favouring a salary hike are being pitched against the unfavourable ones and include anything between the state of the overall economy to RBI fears of inflation and the subsequent hike in repo rate recently. Over and above that, what has been thrown into the equation is the fact that general elections 2019 is fast approaching and a big group that consists of central government employees and almost equal number of pensioners cannot be left sulking.
The government in power uses national holidays to make big announcements showering benefits on large groups as well as transformational policy matters. Whether this opportunity is grabbed by the current dispensation to bring smiles to civil servants at the central level with a 7th CPC salary hike is still unclear even as there is a virtual countdown in the corridors of power leading up to the big day.
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