DA Hike: If the Modi government at the Center increases the fitment factor from 2.57 percent to 3.00 or 3.68 percent before the Lok Sabha elections, then the basic salary will increase from Rs 6000 to Rs 8000 and the basic salary will increase from Rs 18000 to Rs 21000 or 26000.
Employees Fitment Factor Hike: Before the Lok Sabha elections, central employees pensioners may get good news. It is reported that before Holi, apart from increasing the dearness allowance of employees by 4 percent, the Modi government at the Center can also take an important decision on increasing the fitment factor. The fitment factor can be increased to 3.00 or 3.68 percent, which is expected to increase the basic salary from Rs 18000 to Rs 21000 or Rs 26000. However, no official statement or confirmation has been made in this regard yet.
Fitment factor may increase from 2.57 to 3.68 percent
Actually, at present the fitment factor of central employees is 2.57 and the basic salary is 18000. For a long time, the employees of the Center have been demanding to increase the fitment factor to 3.68, in such a situation it is believed that amidst the rising demands of DA arrears, old and 8th Pay Commission, Modi government can take a big decision regarding the fitment factor. . In view of the Lok Sabha elections, the government may consider increasing the fitment factor of employees to 3.00 or 3.68 percent under the 7th Pay Commission. If this happens then the basic salary will increase by Rs 6000 to Rs 8000 and the basic salary will increase from Rs 18000 to Rs 21000 or Rs 26000.
How much will the basic salary increase?
For example, if the basic salary of a central employee is Rs 18,000, then excluding allowances, his salary will be Rs 18,000 You will get a benefit of Rs 49,420.
If there is 3 times fitment factor, the salary of the employees will be 21000 However, official confirmation is yet to be made.
Fitment factor was last increased in 2016
Earlier, the government had increased the fitment factor in 2016 and from the same year the 7th pay commission was also implemented, after which the basic salary of the employees increased from Rs 6000 to Rs 18,000. Fitment factor plays an important role in the salary of central employees. The pay matrix made in the 7th Pay Commission is based on Fitment factor. Fitment factor is a common value, which is multiplied by the basic pay of the employees and from this their salary is calculated. This increases the salary by more than two and a half times.
