7th Pay Commission report: It is nothing short of great news for government employees as over and above what the have already gained, they have received this new gift from Narendra Modi government.
7th Pay Commission report: It is nothing short of great news for government employees as over and above what the have already gained, they have received this new gift from Narendra Modi government. PM Modi has given a green signal to the National Anomaly Committee (NAC) for raising the minimum pay and fitment factor for the central government employees, according to certain reports. This news will come as a great relief for government employees as after the pay hike comes in practice, the minimum pay would be increased from existing Rs 18,000 to Rs 21,000 with fitment factor 3.00, according to India.com. A top official of the Ministry of Personnel, Public Grievances and Pensions was quoted as saying by India.com, “The government already realize and know that the government have fund to bring employees up tomorrow so the government has to look at a pay hike to bring every employee up to par with raising fitment factor better than approved by the Cabinet on June 29.”
According to earlier reports, in a bonanza to 48 lakh central government employees, the Union Cabinet on June 28 had approved recommendations of 7th Central Pay Commission with 34 modifications. The increased allowances came into effect from July 1, 2017 and were based on the recommendations of the Committee on Allowances (CoA).
Finance Minister Arun Jaitley had said the modifications are based on suggestions made by the CoA in its report submitted to the Finance Minister on April 27, and the Empowered Committee of Secretaries set up to screen the recommendations of the 7th Pay Commission.
7th Pay Commission has been in the news for months on end as it had generated a lot of comments about being inflationary and whether government’s strained finances could take this additional load. However, Finance Minister Arun Jaitley had gone along and cleared the same, scripting a huge windfall story for government employees.