7th Pay Commission: There is important news for Central Government Employees. According to the news, after the seventh pay commission, now the eighth pay commission will not come. According to the information, the Central Government is preparing to bring a new formula to increase the salary of the employees.
It is being told that the Central Government is preparing such a formula for the employees and pensioners in which the salary will automatically increase if the Dearness Allowance is more than 50 percent.
According to the information, the intention of the government is that the new formula should be in such a way that the salary of the employees keeps increasing from time to time. It can be named as Automatic Pay Revision system. Now the salary of the employees will increase according to their performance linked increment.
At present, the employees’ unions are not happy with this exercise of the central government. These people say that in view of the current inflation rate, the recommendations for wage increase since 2016 will make it difficult for them to survive. At the same time, these people say that they will have to wait till the final decision comes from the government.
Let us tell you that former Finance Minister Arun Jaitley had also indicated this in July 2016. While giving a speech in Parliament, he had said that now instead of Pay Commission, one should think about the employees. Arun Jaitley wanted the salaries of middle level employees as well as low level employees to increase.
When this happens, lower level employees can benefit. The basic salary of a central employee with level matrix 1 to 5 level can be at least 21 thousand. However, the formula for this is yet to be worked out. The Narendra Modi government is not in favor of the next pay commission.