BUSINESS
Prime Minister Narendra Modi on Monday promised that 7th Pay Commission benefits would pass to Tripura, if Bhartiya Janta Party would come to power.
Prime Minister Narendra Modi on Monday promised that 7th Pay Commission benefits would pass to Tripura, if Bhartiya Janta Party would come to power.
Prime Minister Narendra Modi was addressing two rallies in the poll-bound state. PM Modi said that Tripura government employees still get salary according to the Fourth Pay Commission, while the 7th Pay Commission has been implemented across the country.
Modi said that the BJP government was committed to implementing seventh pay commission scales in the state if the party comes to power.
Voting will be held in Tripura on February 18 and results would be declared on March 3.
The Union Cabinet had in June approved recommendations of the CPC with 34 modifications, which will mean an additional annual burden of Rs 30,748 crore on the exchequer.
All allowances are given effect from July 1, 2017.
Meanwhile, it was reported that the start of next financial year in April might bring cheer for around 50 lakh central government employees, as various media reports suggest that the Narendra Modi government is likely to raise the minimum pay and the fitment factor.
The government is likely to raise fitment factor of lower-level central government employees, beyond the recommendations of 7th Pay Commission, up to the pay matrix level 5 from April 1, 2018, according to a report published in india.com.
Fitment factor is a figure used by 7th CPC with which the basic pay in 6th CPC regime (i.e Pay in Pay band + Grade pay) is multiplied in order to fix basic pay in revised pay structure (i.e 7th CPC). Fitment factor formulated by 7th CPC is 2.57.
It is expected that the proposal would be sent to the Cabinet at the start of next financial year.
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