7th Pay Commission: Good news for central employees can be announced soon. The central government has made up its mind to increase the fitment factor and it can be increased soon. If this happens, then there will be a significant increase in the salary of the central employees.
New Delhi. 7th Pay Commission: Good news for central employees can be announced soon. According to different media reports, the central government has made up its mind to increase the fitment factor and it can be increased soon. If this happens, then there will be a significant increase in the salary of the central employees.
AICPI Index November figures are out. The index has reached 125.7. In such a situation, it is now clear that there will be an increase of 2 percent in Dearness Allowance for January 2022. Meaning the total dearness allowance for central government employees will be 33%. Right now they are getting paid 31% DA.
Decision on fitment factor possible
Before increasing the DA in the new year, a decision can be taken regarding the fitment factor of the central employees. At present, the fitment factor is fixed at 2.57. However, there has been a long-standing demand of central employees that it should be made 3.68. It is expected that before January 26, the government can take a decision on this. According to media reports, before 26 January 2022, the employee organizations will meet the representatives of the government in this matter.
Salary will double
If this happens then the minimum basic salary will reach Rs 26,000. If the basic salary of a central employee is Rs 18,000, then his salary excluding allowances will be 18,000 X 2.57 = Rs 46,260. If this is taken as 3.68, then the salary will be 26000X3.68 = Rs 95,680. Accordingly, the salary is estimated to be double. This calculation has been done on the minimum basic salary. Those with maximum salary will get more benefits.
2% DA hike almost certain
AICPI Index December data will come at the end of January 2022. The index can remain around 127. If this happens, there will be a 2 percent jump in dearness allowance. The total dearness allowance (DA) will increase to 33 percent. The way for increasing dearness allowance for January 2022 seems to be clear. The AICPI index has reached 125.7 till November. Looking at the AICPI data of the Labor Ministry for November 2021, the index has increased by 0.8 points. According to experts, it is clear from the current data of All-India CPI-IW that DA is set to increase by 2%. The government can pay it anytime before Holi.
On increasing DA by 2 percent
On increasing DA by 2 percent, there will be an increase of Rs 360 per month on Dearness Allowance of Level 1 central employee. Apart from this, their TA will also increase. At the same time, on increasing DA by 3 percent, this increase will be Rs 540 per month.