7th Pay Commission

7th Pay Commission Latest News Today: Will Centre Announce Minimum Pay, Fitment Factor Hike on Repulic Day – Details Inside



7th Pay Commission Latest News: As the wait of Central Government employees for a hike in minimum pay and fitment factor beyond 7th Pay Commission recommendations grows longer and longer, several reports in the media are claiming that an announcement in their favour is likely on January 26 – Republic Day 2019. However, no official declaration made on the same by the Centre as of yet puts a question mark on the authenticity of these reports. It is to be noted here that several news reports of similar nature started doing rounds around Independence Day 2018 as well. Prime Minister Narendra Modi, however, did not make any announcement in connection to the matter.

(7th Pay Commission Good News: Centre Announces Decisions to Benefit Central Government Employees)

Meanwhile, the government has been working out on ways in keeping the employees happy. While the Narendra Modi-led Central government has recently approved a hike of up to 300 per cent in allowance that the CG employees get for handling cash and treasury, it has also approved a proposal to extend the 7th Central Pay Commission or 7th CPC to the teachers and other academic staff of the state government and government-aided degree level technical institution in the country. However, it seems that over 50 lakh CG employees and pensioners will have to wait more for the Centre to give a nod to their demands beyond 7th Pay Commission recommendations.

Meanwhile, the same seems a distant dream amid Minister of State for Finance’s rejection to reports that the Centre is mulling over a proposal for an increase in fitment factor beyond 7th Pay Commission recommendations for the CG employees. With the statement, MoS (Finance) P Radhakrishnan had dashed the hopes of 50 lakh Central government employees and an equivalent number of retirees, for the second time in a matter of 10 months. Last time it was in March, 2018 that he had made a similar claim.

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