Cabinet consent likely for the Seventh Pay Commission recommendations tomorrow
The Seventh Pay Commission was constituted in order to revise the salaries and pensions to the Central Government employees and pensioners. After 21 months, the commission submitted its detailed report in November. With intense opposition from all quarters, including pensioners, the Centre constituted a high-level committee led by PK Sinha, to look into the recommendations.
The committee has submitted its report to the Government. After incorporating the recommendations and suggestions made by the committee, the Ministry of Finance is all set to obtain the approval of the cabinet tomorrow, June 29, 2016. A meeting of the cabinet will be called for tomorrow.
The Central Government employees have been more than curious to know about the recommendations suggested by the PK Sinha committee. Speculations continue on issues like minimum wages and Fitment Factor, confusing the employees more and more. The last such speculation fixed the minimum wages at Rs.23,000. Reports in a leading English newspaper, that the Fitment Factor is not likely to be 2.7, have only added to the confusion.
The Seventh Pay Commission had fixed a common Fitment Factor, applicable to all, at 2.57. accordingly, the minimum wages was fixed at Rs.18,000 (7000 x 2.57 = 17,990). Based on this, a new table, called the ‘Pay Matrix’, was formulated. If any changes are brought forth to the basic pay, then, it can be said that similar changes will also be effected in the Fitment Factor too.
Tomorrow will bring an answer to a number of questions, speculations, and guesses. Let’s wait until then.