8th Pay Commission: Railway employees seek ₹69,000 minimum salary, 3.83 fitment factor and 6% annual increment
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- ✓Railway employees have sought a minimum basic salary of ₹69,000, a fitment factor of 3.833 and a 6% annual increment under the 8th Pay Commission.
- ✓The National Federation of Indian Railwaymen also proposed five promotions during service.
- ✓These demands represent a significant increase over the existing ₹18,000 minimum basic pay.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Livemint
- Reading Speed
- 5 Minute(s)
- Market Focus
- India Economy
Railway employees have sought a minimum basic salary of ₹69,000, a fitment factor of 3.833 and a higher annual increment of 6% under the 8th Pay Commission. The National Federation of Indian Railwaymen (NFIR) has also proposed at least five promotions during an employee's service, changes to dearness allowance and improvements in pension benefits.
The demands are part of the federation's representation to the 8th Central Pay Commission, which is examining proposals from central government employee organisations, pensioners and other stakeholders before preparing its recommendations.
The proposed minimum salary of ₹69,000 is particularly significant for railway employees because it would represent a substantial increase over the existing minimum basic pay of ₹18,000 under the 7th Pay Commission. However, this is a union demand and not an approved salary revision.
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