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Tuesday 30 January 2018

7th Pay Commission: Central Government Employees Might Get Pay Hike In Budget 2018, But No Arrears

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 arrears
The 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 18,000 as recommended by the 7th pay commission. The highest salary was increased from Rs 90,000 to Rs 2.5 lakh with a fitment factor of 2.5 times. The unions demanded that the minimum salary should be Rs 26,000 with a fitment factor to be 3.68 percent. The employees had gone on a strike in 2016. Finance Minister Arun Jaitley had assured that their demands will be.

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