7th Pay Commission: The fitment factor plays an important role in the salary of central employees. If it is increased after this general budget, then the minimum salary of central employees will increase from Rs 18 thousand to Rs 26 thousand.
New Delhi: On February 1, 2023, the country’s Finance Minister Nirmala Sitharaman will present India’s general budget in the Parliament. Central employees have many hopes from this budget. Actually, the central employees are hopeful that the government will take a big decision on the demand of their fitment factor instead of the budget.
Will the salary of employees increase after budget 2023?
The fitment factor plays an important role in the salary of central employees. If the demand of the central employees regarding the fitment factor is fulfilled, then there will be a bumper increase in their salary.
It is being claimed in media reports that the government may take a decision on the demand for increasing the fitment factor after the budget. Earlier, it was expected that by the end of the year 2022, the government could take a decision on this, although this did not happen. Apart from media reports, no official statement has come on this subject so far.
There can be many big and special announcements in the budget.
Loksabha elections are to be held in the coming 2024, in such a situation, before the elections, this will be the last full budget of Narendra Modi government 2.0. Before the elections, the government can make many big and special announcements in this budget. Along with this, a big announcement can also be made on the demand being made by the central employees for a long time.
If the fitment factor is revised after the budget, then it will be a big gift for the central employees at the beginning of this year itself. There will be a bumper increase in the salary of the employees.
By how much is there a demand to increase the fitment factor?
Let us explain to you what is the role of fitment factor in increasing the salary. According to the information, at present it is being given 2.57 times since 2016, which the central Employees are demanding to increase to 3.8 times.
If the government gives approval on the demand of the employees, then they will get a big benefit. When the fitment factor was last increased, the minimum salary of the employees went straight from Rs 6,000 to Rs 18,000. This time, if the government again increases the fitment factor, then the minimum salary of the employees will increase from 18 thousand to 26 thousand.