News India Live, Digital Desk: Central government employees have been waiting for the formation of 8th Pay Commission and Fitment Factor for a long time. This factor decides how much the salaries of the employees will increase. Currently, there is still a lot of time for the 8th Pay Commission report to be prepared, so it will be important for the employees to know how the last 7th Pay Commission (7th Pay Commission) decided its fitment factor 2.57.
What was the fitment factor of the 7th Pay Commission?
The Fitment Factor in the 7th Pay Commission was 2.57. This means that the new salary was fixed by multiplying the existing basic salary of the employees by 2.57. For example, if the minimum salary in the 6th Pay Commission was Rs 7,000, then the minimum wage under the 7th Pay Commission was increased to Rs 18,000 if it was multiplied by 2.57.
Why was fitment factor 2.57 chosen?
Many people raise the question as to why the fitment factor 2.57 was chosen, why no other number? The answer is – The 7th Pay Commission adopted a detailed and scientific calculation method, in which the basic requirements of the family were taken into consideration.
The detailed calculation was as follows:
1. Evaluation based on the Labor Conference (ILC) of 1957:
The 7th Pay Commission evaluated the required requirements of the family of 3 people based on the standards set by the 15th Indian Labor Conference of 1957. It included food items like rice, wheat, pulses, milk, fruits and vegetables.
2. Counting the minimum needs of the family:
The total cost of these essential food items came out around Rs 9,217.99. After this other necessary expenses were added, which are as follows:
-
Fuel, electricity, water expenditure: Rs 2,304.5
-
Marriage, entertainment, festivals etc. Expenditure: Rs 2,033.38
-
Skill Training (Skill Development): Rs 3,388.97
-
Housing Expenditure: Rs 524.07
The total sum of all these expenses was around Rs 17,468.91.
3. Add dearness allowance (DA):
After this, dearness allowance was added to this amount, which was 125% at that time. After this calculation, the total amount was Rs 17,992.98, which was rounded off to Rs 18,000.
How to make 2.57 fitment factor?
According to the 7th Pay Commission:
-
Minimum salary in 6th pay commission: Rs 7,000
-
Minimum salary in 7th pay commission: Rs 18,000
The fitment factor was decided by both proportion:
18,000 / 7,000 ≈ 2.57
The 2.25 part in this 2.57 was of dearness allowance (125%), which was received by the employees till 1 January 2016. The rest of the remaining 0.32 was in the form of the actual increment of the employees.
Reheating Food: Take special care of these things while heating food, health will be healthy
