Govt employees to get hike in basic salary 

The central government is expected to make a decision regarding an increase in the fitment factor, based on the recommendations of the 7th Pay Commission, after Holi 2023

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As per a report by Aaj Tak, the basic salary of central government employees is expected to be raised after the Holi holiday in 2023. The minimum wage will rise to 26,000 from the current Rs 18,000. 

According to the report, there have been several discussions about increasing the fitment factor and the government intends to implement the hike before 2024. It is anticipated to be officially announced in March 2023, after the Holi festivities.

Presently, the common fitment factor is 2.57%. This means that if an employee’s basic pay is Rs 15,500 with a grade pay of 4200, their total pay will be calculated as Rs 15,500 x 2.57, which equals to Rs 39,835. The 6th CPC previously recommended a fitment ratio of 1.86%.

For several months now, many central government employees have been calling for an increase in the fitment factor to 3.68. The expected raise will bring the minimum wage from its current level of Rs 18,000 to Rs 26,000.

Previous reports suggest that the central government is also expected to increase the dearness allowance (DA) for government employees in March 2023, effective January 1. Meanwhile, the finance ministry has also revised the rules for the house rent allowance (HRA) for central government employees under the 7th Pay Commission.

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