Setting up of a high level committee to review the Minimum Wage Multiplication Factor

Setting up of a high level committee to review the Minimum Wage Multiplication Factor National Council (Staff Side) Joint Cinsultative Machinery for Central Government Employees 13-c, Ferozshah Road, New Delhi- 110001 Shiva Gopal Mishra Secretary No.NC-JCM-2016/7th CPC August 12,2016 Shri Arun Jaitley, Hon’ble Finance Minister, Govt. of India, North Block, New Delhi Sub: Setting up … Read more

Multiplication Factor – A Crucial Indicator for determining the Basic Pay of 7th Pay Commission

Multiplication Factor – A Crucial Indicator for determining the Basic Pay of 7th Pay Commission It is well known that Multiplication Factor 1.86 was being used by the 6th Pay Commission to calculate the new revised basic pay. The 6th Pay Commission had initially suggested 1.74, but it was later modified to 1.86. The Multiplication … Read more

Meeting with the 7th Pay Commission Satisfactory – NC JCM Staff Side

Meeting with the 7th Pay Commission Satisfactory – NC JCM Staff Side “Members of the National Council JCM, which represents over 40 lakh Central Government employees all over India, met with the team of higher officials of the 7th Central Pay Commission on 9.6.2015” It was revealed that the meeting with the 7th CPC was … Read more