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Wednesday, 7 February 2018

News About 7th Pay Commission: Latest News On Outstanding, Minimum Wage Growth And Fiatament Factor

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News About 7th Pay Commission: Latest News On Outstanding, Minimum Wage Growth And Fiatament Factor

New Delhi, Jan 29: The 7th Pay Commission had recommended that Rs 18,000 minimum salary must be given to the Central government employees. However, the recommendations of the seventh CPC were not accepted by the employees union that wanted more salary for employees. Now, it seems that the demand might get approved

in Budget 2018. The government might pay up salary beyond what was recommended by the 7th Pay Commission, but without arrearsThe fund for the hike in salary is likely to be allocated in the Budget for government employees up to the matrix level 5 under 7th Pay Commission.

Earlier this week there was a report that Finance Minister Arun Jaitley’s nod is remaining.recommendation of the 7th Pay Commission could be paid to the employees after having a discussion with several stakeholders. But it was said that the government had no funds in a financial year. But there was no fund for the money.The minimum salary for central government employees was increased to Rs

In 2016, after the implementation of the 7th Pay Commission, Finance Minister Arun Jaitley had assured the unions that the government would consider their main demand to increase the salary and fitness formula through a high level committee.

While addressing the Rajya Sabha, FM Jaitley reiterated his commitment to increase the minimum wage for Central Government employees besides the recommendations of the 7th Pay Commission.

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