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Sunday, 18 March 2018

Salary Increase of 7th Pay Commission - Latest News Today 2018: What Is Really Expected From April 2018

Salary Increase of 7th Pay Commission - Latest News Today 2018: The Narendra Modi Government of the Central Government is planning to increase the minimum wage from Central Government employees to Rs 21,000 from 18,000 rupees in April this year.
Salary Increase of 7th Pay Commission - Latest News Today 2018: The Narendra Modi Government of the Central Government is planning to increase the minimum wage from Central Government employees to Rs 21,000 from 18,000 rupees in April this year. This was declared by Union Finance Minister Arun Jaitley in Parliament in July 2016. According to the report, sources of the finance ministry officials have said that the increment plan is expected to be approved in April this year. Apart from this, the Center is also ready to consider going beyond the recommendations of the 7th Pay Commission for Central Government employees.
Here are some important points and updates about the 7th Pay Commission salary increase you should know:
- In the hope of an increase of Rs 18,000 to Rs 21,000, the salaries of the Central Government will be included between Matriculation Level 1 to 5.
- According to the recommendation of the 7th Pay Commission, the fitment factor will increase from 2.57 to presently from Rs. 18,000 to Rs. 21,000.
- The Narendra Modi government has decided to amend the salary in addition to the recommendation of the 7th Pay Commission at any time in April.
Earlier, media reports had claimed that the Center was in a dilemma to consider the increment in addition to the 7th Pay Commission's recommendations. Union leaders of central government employees had earlier claimed that the 7th Pay Commission has given the least increase in their salary in 70 years.
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