Monitor News Desk
The central government is considering raising employees’ fitment factor.
The central government employees’ unions have long demanded that the basic salary be increased from Rs 18,000 to Rs 26,000 and that the fitment factor be increased from 2.57 to 3.68.
If the government announces a raise in the fitment factor for central government employees, their salaries will rise as a result.
Employees presently receive a salary based on a fitment factor of 2.57 percent, which, if increased to 3.68 percent, would result in an increase of Rs 8,000 in the basic salary.
This means that central government employees’ minimum wage would be increased from Rs 18,000 to Rs 26,000 per month.
Employees’ basic wage will increase to Rs 26,000 if the fitment factor is increased to 3.68. According to the 2.57 fitment factor, if your minimum salary is Rs 18,000, you will receive Rs 46,260 (Rs 18,000 X 2.57 = 46,260) without allowances.
Now, if the fitment factor is 3.68, then your salary will be Rs 95,680 (26000X3.68 = 95,680).
This means the salary of the central govt employees will increase by Rs 49,420 (95,680 – 46,260).
The Union Cabinet had in June 2017 approved recommendations of the 7th Pay Commission with 34 modifications.
The new scales went up from Rs 7,000 per month to Rs 18,000. Salary of secretary-level officers went up from Rs 90,000 to Rs 2.5 lakh. For Class 1 officers, the starting salary was Rs 56,100.
