7th Pay Commission: Missing news on fitment factor at 3.68 times, here are surprises government servants got
7th Pay Commission: Fitment factor at 3.68x for hike in minimum salary to Rs 26,000 rather than the tamer one of current 2.57 times or the recommended one of 3.0 is what government employees are demanding as otherwerise they find it difficult to keep up with price rise. But government is eyeing an increase to just Rs 21,000. This is clearly unacceptable and protests have been threatened and some even held. So, where do things stand? Read on:
Dearness allowance
Dearness allowance (DA) of government employees hiked from 5 pct to 7 pct. Not all government employees are pleased. They wanted fitment factor based pay hike to Rs 26,000 instead.
Hikes on yearly basis
7th Pay Commission may be the last panel ever. New mechanism in the works to give hikes on yearly basis automatically coming.
Cost on exchequer?
7th Pay Commission payment arrears of Maharashtra government cleared effectively this year. Cost on exchequer? ET Now says Rs 21,500 crore.
ICAR scientists
7th Pay Commission good news yet to reach 5,000 Indian Council of Agricultural Research (ICAR) linked agricultural scientists. They held a protest to highlight their case.
7th Pay Commission: Punjab National Bank (PNB) fraud may make government refuse any hike in fitment factor, especially by 3.68x.