Depending on the weightage fitment formula may range from 2.72 times to 3.72 in 7th Pay Commission - Indian Military Veterans



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             Pensioners of the Armed Forces  are different from  pensioners of  other departments of the Government of India. Some rules and regulations apply to public services. In order to sensitize them about the various rules, regulations, government programs related to ex-servicemen and the various social assistance programs for families of ex-servicemen, we refer to the government instructions on this subject. , published information on related topics. Here, we will discuss SPARSH, CSD, ECHS, OROP, family pension, disability pension, Service pension, re-employment with life certificate and other welfare activities  to increase the awareness of beneficiaries. 

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KS RAMASWAMY 
Editor

May 6, 2015

Home 7th CPC Depending on the weightage fitment formula may range from 2.72 times to 3.72 in 7th Pay Commission

Depending on the weightage fitment formula may range from 2.72 times to 3.72 in 7th Pay Commission

Indian Military Veterans

“Depending on the weightage fitment formula may range from 2.72 times to 3.72“
“The Sixth Central Pay Commission has recommended a minimum wage of Rs 6600/- per month against the demand of Rs 10,000/- per month as worked out by Staff side of JCM, Today the minimum need based wage works out to Rs 26,000/ per month.”
Minimum Wage of Rs 26,000/- Justified and Fitment formula
Comrade,
The DIRECTORATE OF ECONONMICS & STATISTICS DEPARTMENT OF AGRICULTURE & COOPERATION MINISTRY OF AGRILCULTURE GOVERNMENT OF INDIA NEW DELHI has published the RETAIL PRICES OF FOOD AND NON FOOD ITEMS VIDE http://rpms.dacnet.nic.in/ PLEASE GO THROUGH THIS IMPORTANT LINK . which contains district wise price report.
You can get any price of any article using the Query option.
The prices of many items provided by the Staff side JCM are lower than the retail prices provided by the Government agency . Hence the Minimum wage of Rs 20,000/- is justified for the erstwhile Group “D” with effect from 1/1/15 using Dr Aykroyd formula . After weightage of 25% for Group “C” it works out to Rs 26,000/- .
Please click here for Minimum Wage Caluation Sheet
The fitment formula may range from 2.72 times to 3.72 depending upon the weightage.
The Sixth Central Pay Commission has recommended a minimum wage of Rs 6600/- per month against the demand of Rs 10,000/- per month as worked out by Staff side of JCM, Today the minimum need based wage works out to Rs 26,000/ per month.
Comradely yours
(P.S. Prasad)
General Secretary
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