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7th Pay Commission: Salary Will increase Due To New Formula

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7th Pay Commission: Central government employees are waiting for an increase in their salaries. At present, employees receive salaries on the basis of the Seventh Pay Commission. In which the government increases dearness allowance every year.

Now it is being said. That the government will not make any new pay commission in future. A new formula may be implemented to increase the salary of central employees. According to news, the government may bring a formula to increase the salary of employees.

Salary will increase due to new formula

According to reports, the government is preparing to create such a solution. Due to which the salary of the employees will increase from time to time. This can be called automatic pay revision system. Through this system, there will be an automatic increase in the salary and pension of 68 lakh central employees and 52 lakh pensioners after getting 50 percent DA.

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Such employees will get benefits

Low level employees can get the most benefit from this formula. If the government implements it. The basic salary of employees in level matrix 1 to 5 cannot be less than Rs 21 thousand. This is the government's goal. That all employees get equal benefits. As per the current grade pay, there is a huge difference in the salary of everyone. The government can bring a new formula to reduce this difference. At present, there are 14 pay grades. Everyone from officers to employees.

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Publish Date: February 05, 2024

Posted By Sunil

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