Pay hike soon for Central Govt Employees
Good news may soon be coming for about 50 lakh employees in the central government. When P. Radhakrishnan, the Minister of State for Finance in Lok Sabha, said that the government did not have any plans to increase their minimum salary beyond the seventh pay commission recommendations, these employees’ hopes were all but lost.
Reportedly, these employees were demanding the government to raise the minimum basic pay to ₹26,000 instead of the current ₹18,000.
However, the Narendra Modi-led Center is now expected to fulfill their demands to raise the minimum pay above ₹18,000 in the coming days.
These central government employees are now expected to see a pay raise thanks to the strong quarterly growth numbers. Also, the 2019 Lok Sabha Elections are coming soon.
Therefore, experts believe that the Center will be forced to fulfill the demands of these 50 lakh employees, in order to look their best for the upcoming elections.
There are claims that Modi might announce the raise in minimum pay and fitment factor from Red Fort on August 15th. Modi will give his Independence Day speech here.
This speech would be an excellent opportunity to announce a raise in minimum salary for these central government employees.
These 50 lakh employees also had their hopes raised with the Center’s announcement of the benefits of the revised pension under the 7th Central Pay Commission.
These benefits will help about 25,000 retired employees from both the central government and state governments.
Prakash Javadekar, the Minister of Human Resource Development, recently said that a total of 23 lakh retired employees from central universities, state universities, and government-aided colleges are eligible to get a raise of up to ₹18,000 in their pensions.
If these decisions go underway, all of these pay raises will benefit over 25,000 pensioners as well as the 50 lakh central government employees.
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