7th Pay Commission: No increase in minimum wage, change in fitness factor - What's next for central government employees

There was disappointment in the store for fifty lakh central government employees and the same number of retired people who were waiting for the minimum wage and increase in fitness factor beyond the 7th Pay Commission's recommendations. There was a lot of speculation that Prime Minister Narendra Modi could give some good news in the budget of his last Independence Day as Prime Minister in this period. Many people believed that in view of good monsoon and positive economic factors, a positive announcement could take place a few months before the general elections.

While Prime Minister Modi told how the Indian economy would be a powerhouse in the next three decades, they had no news for government employees.

Finance Minister P Radhakrishnan had earlier said in the Lok Sabha that the Prime Minister Narendra Modi government is planning to not raise any minimum wage for the minimum wage beyond the recommendations of the Seventh Pay Commission. However, the Haryana Government has approved the salary and education recommendations of teaching and non-education employees from January 1, 2015 in government universities, government universities and government-aided colleges.

The General Government has announced increment of salary for 17 lakhs state employees from January 2019 to 7th Pay Commission. . Clearly, the Central Government employees are also expecting some positive news. It can be noted that the government can announce such a decision at any time, and it does not need to be done on a particular day. It can come close to the high heel in the election.

It should be noted that the expectation of the minimum wage beyond the recommendations of the 7th CPC may be a blow to the Central Bank. Earlier this month, the Reserve Bank of India decided to increase the policy repo rate by 25 basis points to 6.5%. Reserve Bank of India has announced the RBI's announcement of 6.25% after its three-day monetary policy committee (MPC) meeting.

"The monetary policy committee of RBI has decided to increase the policy repo rate by 25 basis points to 6.5% under the Liquidity Adjustment Facility (LAF), as a result, as per the LAF, the reverse repo rate is 6.25% and the nominal permanent facility rate and bank rate The highest bank said in a statement, up to 6.75%.

RBI has mentioned in its report that the inflation rate has increased due to the implementation of the 7th Pay Commission. In July 2017, the revised HRA structure was under 7th Pay Commission.

At present, the Central Government employees are getting basic salary as per the 2.57 fitness formula of basic salary and if this major step has been taken then it will come as a big news for the Central Government employees. The fitment factor is a figure used by the 7th CPC, with which to fix the basic salary in the revised pay structure (i.e. 7th CPC), multiplying the basic pay in the 6th CPC rule (i.e. pay band + pay in grade pay) is done. The fitness factor prepared by the 7th CPC is 2.57.
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Satama Pagarpanch Mujab 1-1-16 Thi 31-07-2016 sudhina Pagar Tafavat Ni Mahiti Tatkalik Mokli Aapva Babat no Paripatra.

Satama Pagarpanch Mujab 1-1-16 Thi 31-07-2016 sudhina Pagar Tafavat Ni Mahiti Tatkalik Mokli Aapva Babat no Paripatra.

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7th Pay Commission: Minimum increment, increase in retirement age can be before elections of 2019

According to the recommendations of the Seventh Pay Commission, many symbolic auspicious news related to the minimum wage increase and the increase in retirement age for around 50 lakh government employees will come before the 2019 general elections. However, the government had earlier denied any increase in the minimum basic pay beyond the Seventh Pay Commission.

According to the recommendations of the Seventh Pay Commission, many symbolic auspicious news related to the minimum wage increase and the increase in retirement age for around 50 lakh government employees will come before the 2019 general elections. However, the government had earlier denied any increase in the minimum basic pay beyond the Seventh Pay Commission.

A report from the Sen Times said that the BJP government may agree with its demands to return to power in 2019. It has been said in the report that the government will follow the footprints of Madhya Pradesh Chief Minister Shivraj Singh Chauhan who recently retired age 62 from the current 60 years

An officer of the senior government told Sen. "Before taking a leaf from Chauhan before the general elections next year, the BJP-led central government is planning to implement the increment of the Central Government employees."

It has also been said that in order to monitor the footprints of the Madhya Pradesh government, the Center can work on the latest option to provide benefits to 50 lakh employees under the 7th Pay Commission.

The central government is reportedly considering increasing the retirement age of employees for two years. The government led by Shivraj Singh Chauhan has already done it.

With the latest step under the Seventh Pay Commission, the retirement age of the employees in the state of Madhya Pradesh has been increased to 62 years. First, it was 60 years.

At present, the Central Government employees are getting basic salary based on the formula of 2.57 of basic salary and if this major step has been taken, then it will come as a big news for the Central Government employees.

A fictitious factor is a number used by the 7th CPC, with which the basic pay in the 6th CPC rule (i.e. pay band + grade pay wages) multiplied to fix basic pay in revised pay structure (ie 7 CPC) is done. The fiat factor prepared by the 7th CPC is 2.57.

The Seventh Pay Commission recommended earlier Rs 18,000 as basic salary, but the employees have demanded it increase to Rs 26,000.

7th Pay Commission latest circular : Satama Pagarpanch No Labh AAPAVA Thi Sarkarshree Ma Padnar Nanakiy Bojni Vigato Mokali aapva babat

7th Pay Commission latest circular : Satama Pagarpanch No Labh AAPAVA Thi Sarkarshree Ma Padnar Nanakiy Bojni Vigato Mokali aapva babat 
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7th Pay Commission latest circular : Satama Pagarpanch No Labh AAPAVA Thi Sarkarshree Ma Padnar Nanakiy Bojni Vigato Mokali aapva babat

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