Will the Central government employees get to hear the good news that they have been waiting for since long- further hike in the minimum pay with 3.68 times fitment factor as against the recommendation of the 7th Pay Commission- or their hopes will be crushed again?
The minimum pay hike issue has erupted again as rumours are making rounds that the Narendra Modi-led NDA government will make announcement related to the further hike on August 15 – given that the general elections are around the corner and the Modi government will not risk disappointing the 50 lakhs central government employees.
t is believed that the ‘big number’ of the CG employees will definitely have an impact on the prospects of the BJP in 2019 polls and therefore, it will at least try to take some steps in this regard to calm down the brewing resentment among the employees.
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Why CG Employees Can Expect a Hike?
The International Monetary Fund (IMF) recently said that the Indian economy is getting stronger and the country has become the fastest growing economy in the world for 2018 at 7.4 per cent.
Rating agency like Fitch had also showed confidence on Indian economy and predicted growth to accelerate to 7.3 per cent in the financial year 2018-2019.
Besides, the Modi government is reportedly taking umpteen steps for the employees across the country- given that the salaries of even guest lecturers were increased recently as per the 7th CPC recommendations.
Finance Minister Arun Jaitley had earlier, during announcement of the 7th Pay Commission’s recommendation had promised that the salary of the employees will be increased further citing some economic conditions.
Demand of the CG Employees
The Central government employees have been demanding a hike in the minimum pay by Rs 8,000. At present they are getting Rs 18,000 and want Rs 26,000- an increase in the fitment factor by 3.68 times from the existing 2.57 times.
Meanwhile, reports were earlier there that the government was mulling to increase the minimum by to Rs 21,000 but without arrears. However, those rumours died down soon.
Source - OTV