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
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