Money will rain on employees! Basic salary will increase to Rs 26,000, know

Desk : If you are a central employee then this news is enough to bring happiness on your face. Because the government has planned to increase the basic salary of central employees. After the increase, the minimum wage of the employees will be Rs 26000. Due to which there will be a bumper jump in […]
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Money will rain on employees!  Basic salary will increase to Rs 26,000, know


Desk : If you are a central employee then this news is enough to bring happiness on your face. Because the government has planned to increase the basic salary of central employees. After the increase, the minimum wage of the employees will be Rs 26000. Due to which there will be a bumper jump in their salary.

Let us tell you that earlier the basic salary was only 18000 rupees. Which is being increased by full 8 thousand rupees. It is coming to the fore in media reports that the government may soon give approval to increase the fitment factor. Government employees unions have been demanding for a long time to raise the minimum wage from Rs 18,000 to Rs 26,000 and increase the fitment factor from 2.57 times to 3.68 times.

Salary will increase: If the government announces an increase in the fitment factor of central employees, then their salary will increase significantly. Let us tell you that at present, the employees are getting salary on the basis of 2.57 percent under the fitment factor, which is now increased to 3.68 percent, then the minimum wage of the employees will increase by only Rs 8,000. This means that the minimum wage of central government employees will be increased from Rs 18,000 to Rs 26,000. At present the minimum basic pay is Rs 18,000.

Understand maths like this: On increasing the fitment factor to 3.68, the basic pay of the employees will be Rs 26,000. Right now if your minimum salary is Rs 18,000, you will get Rs 46,260 (18,000 X 2.57 = 46,260) as per 2.57 fitment factor excluding allowances. Now if the fitment factor is 3.68 then your salary will be Rs 95,680 (26000X3.68 = 95,680).