7th Pay Commission Latest News Today 2019: 7th CPC salary hike before Dussehra?
7th Pay Commission Latest News: The Central government employees are hoping that they would be able to avail hike in their minimum pay and fitment factor beyond the 7th Pay Commission recommendations ahead of Dussehra.
7th Pay Commission Latest News: The Central government employees are hoping that they would be able to avail hike in their minimum pay and fitment factor beyond the 7th Pay Commission recommendations ahead of Dussehra, following the benefits extended to different departments by the Narendra Modi government, according to media reports. The Centre recently gave a bumper hike in the salary of health services employees, who would get increased pay from Rs 4100 to Rs 5300 per month, and the benefit will be considered from July 1, 2017.
Notably, the central government employees have been demanding the hike in their basic pay Rs 18,000, since the 7th Pay Commission report was submitted, but now, reports in the media are doing the rounds that the Modi-led NDA government is likely to give attention to their long-pending demand, and these central government employees may get the pay hike before Dussehra.
According to the 7th Pay Commission recommendations, these central government employees currently get basic pay of Rs 18,000, but they have been demanding from the government should fix it at Rs 26,000, as the present pay has failed to meet their financial needs.
Along with a hike in their basic pay, the central employees have also been eagerly waiting for hike in their Dearness Allowances (DA). They are currently getting 12 per cent DA which was implemented in January 2019.
The Haryana government has announced the DA hike by 6% for its thousands of NHM employees ahead of the assembly elections. These Haryana staff will get an increased DA from 148 to 154 per cent and the same would applicable from January 1, 2019.
Watch Zee Business Live TV
Under the 7th pay commission, the central government has announced a bonus, equivalent to the wage of 78 days, to benefit over 11 lakh Indian railway employees, who will get 78 days wage as bonus linked with the productivity.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
04:30 PM IST