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7th CPC Minimum wage and fitment formula hike issues – CoC Karnataka

October 3, 2017 Leave a Comment

7th CPC Minimum wage and fitment formula hike issues – CoC Karnataka

Minimum wage and fitment formula hike issues

There are various reports in the news media, print media & social media regarding the hike in the minimum wage of Central Government employees from the existing Rs 18,000/ – to Rs 21,000/ and fitment formula from 2.57 to 3.00, which shall be implemented from 1st January 2018. The same shall be announced in the National Anomaly Committee due on 9th of October.

Comrades , We cannot confirm this news, comrades we should concentrate on struggle path as the Confederation has given the series of programs , I hope the Government will implement the hike in minimum wage for CG employees and revise the fitment formula also from the existing 2.57 to 3.00 even though the Staff side JCM has demanded Rs 26,000/ as minimum wage and fitment formula of 3.56 , this hike should be from 1/1/2016 not 1/1/2018 as per media reports.

In fact the Central Government has to take the political decisions on the wage hike , in fact the group of ministers of the Central Government have agreed to raise the minimum wage for CG employees on 30th June 2016 . I hope the commitment of the union minsters shall be honoured now.

Secondly the economy of the country which was going very well during past three years has showed down ward trend in last one year as the GDP which was at 9.1 in 2015-16 has reduced to 5.7 in 2017-18 .The economic activity has to take place, it is also observed during the past one year, in spite of economic recessions, the Government revenue collection has increased considerably. To improve the economic activity of the country and increase the GDP the Central Government should spend its funds which is available with them .

If the Central Government increases the minimum wage and fitment formula for its employees, the Central Government employees gets back 40% of the wage increase through the Income Tax and GST . So hardly a Government servant is left out with 60% wage hike , here also he spends the amount credited to him , as such an economic activity is induced in the public which will help to create more demand and employment activity.

I hope the Central Government takes a political decisions on increase of minimum wage hike and fitment formula for more than one crore employees which will also benefit the public and the CG employees.

Issued by COC Karnataka

 

Related posts:

  1. 7th CPC Fitment Formula and Minimum Wage – Karnataka COC
  2. 7th Central Pay Commission – Minimum wage and Fitment formula
  3. Revision of NPS, Minimum Wage, Fitment Formula, Allowances and Pension – GS COC Karnataka
  4. Most important demand is that of the CG employees is the minimum wage and fitment formula – P.S.Prasad
  5. Model Minimum Wage Calculation Using Dr. Aykroyd Formula and 15th ILO Norms as on 1.7.2015 – Karnataka COC
  6. Central has so far not set up the High Level Committee on Minimum Wage and Fitment Formula revision and other main demands of CG employees – Karnataka COC
  7. 7th CPC Minimum Wage 21000 and Fitment Formula from 2.86 to 3.15
  8. Minimum wage and fitment formula for Central Government Employees
  9. 7th CPC Minimum Wage and Fitment Formula – Outcome of the meeting published by NC JCM Staff Side
  10. Real wage hike the CG employee is expecting is more than 80% wage hike – Karnataka COC

Tagged With: 7th CPC, COC Karnataka, Fitment Formula Filed Under: 7th Pay Commission News, CoC Karnataka

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