7th Pay Commission: The frequent fitment issue at present stands at 2.57 per cent. (Representative photograph)
There has been staff’ demand of elevating the fitment issue to three.68; the hike will elevate the minimal wage from Rs 18,000 at present to Rs 26,000
7th Pay Commission: Central authorities staff might get excellent news relating to their salaries because the Centre is more likely to announce a hike in dearness allowance (DA) and fitment issue quickly, in line with media studies.
The minimal wage of presidency staff is predicted to see an increase from Rs 18,000 to Rs 26,000 for central authorities staff after the hike within the fitment issue, in line with the studies. The studies mentioned that the federal government is predicted to revise the fitment issue and dearness allowance (DA) quickly. However, there is no such thing as a official phrase on this.
The Fitment Factor
The frequent fitment issue at present stands at 2.57 per cent. It implies that if anyone, let’s say, will get a fundamental pay of Rs 15,500 in 4200 Grade Pay, his complete pay shall be Rs 15,500×2.57 or Rs 39,835. The sixth CPC had advisable the fitment ratio at 1.86.
There has been staff’ demand of elevating the fitment issue to three.68. The hike will elevate the minimal wage from Rs 18,000 at present to Rs 26,000.
The DA Hike
Dearness allowance (DA) and dearness aid (DR) are revised twice a 12 months, efficient January 1 and July 1. According to latest media studies, the federal government is more likely to elevate the dearness allowance by one other 4 per cent in July this 12 months.
The final revision in DA was completed in March elevating it by 4 per cent, which turned efficient from January 1, 2023. After the 4 per cent hike, the DA of central authorities staff elevated to 42 per cent. Before this, the DA was hiked in September 2022 by 4 per cent, which turned efficient from July 2022.
Apart from the fitment issue, the federal government can also be more likely to revise DA quickly efficient July 1, in line with media studies.
In January this 12 months, the finance ministry up to date the home hire allowance (HRA) guidelines for central authorities staff beneath the 7th Pay Commission and mentioned they won’t be entitled to HRA in circumstances the place:
(i) He/ she shares authorities lodging allotted to a different authorities servant; or
(ii) He/she resides in lodging allotted to his/her mother and father/ son/ daughter by the central authorities, state authorities, an autonomous public enterprise or semi-government organisation resembling a municipality, port belief, nationalised banks, Life Insurance Corporation of India, and so on; or
(iii) His/ her partner has been allotted lodging on the similar station by the central authorities/ state authorities/ autonomous public enterprise/ semi-government organisation resembling municipality, port belief, and so on., whether or not he/she resides in that lodging or he/she resides individually in lodging rented by him/her.