7th PAY MINIMUM SALAERY REALTRED FINAL NEWS FROM CENTER

7th PAY MINIMUM SALAERY REALTRED FINAL NEWS FROM CENTER
Good news for central employees is now the minimum wage of Central employees is 21,000 / month. The central staff is eagerly waiting for this to be implemented from 1 April 2018. This will benefit 48 lakh central government employees. According to media reports, the official of a senior finance ministry said that after the recommendation of the Seventh Pay Commission, the salary of central employees is increasing. The increment will be effective from 1 April 2018. According to the report, the National Discrepancy Committee submitted its report in December to implement the recommendations of the Seventh Pay Commission.
It is noteworthy that according to the recommendations of the Seventh Pay Commission, the Cabinet has already approved to increase the minimum wage from Rs 7000 to 18,000 rupees per month. Apart from this, the fitment factor has been increased 2.57 times. In spite of this, the demand for the central staff is that the minimum wage should be increased from Rs 18,000 to Rs 26,000 per month and increase the factum factor to 3.68 times instead of 2.57 times increase.
The central government employees are expected to increase the minimum wage in addition to the recommendation of the 7th Pay Commission from April 2018 and the National Discrepancy Committee (NAC) is expected to submit its report to the Finance Ministry. Union Finance Minister Arun Jaitley has agreed to increase the minimum wage beyond the recommendation of the 7th Pay Commission and the process of implementing it is underway, sources said. (Update: 7th Pay Commission: NAC-Arun Jaitley meeting in December, high minimum wage from April 2018)
To discuss the increase in the minimum wage outside the recommendation of the 7th Pay Commission for October, the NAC meeting was postponed in the elections for the election of Himachal Pradesh and Gujarat Election Commission. NAC will hold a meeting in December and submit its report for 15 months. The report will be examined by the Empowered Committee and Expenditure Department of secretaries headed by Cabinet Secretary PK Sinha.
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