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✦Reported by The Economic Times

Railway worker body seeks Rs 69,000 minimum wage from 8th pay commission

Railway worker body seeks Rs 69,000 minimum wage from 8th pay commission
Source: The Economic Times

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓The National Federation of Indian Railwaymen sought a minimum pay of Rs 69,000 from the 8th Central Pay Commission on Friday.
  • ✓The body pitched a fitment factor of 3.833 to “ensure an adequate and meaningful revision of pay.” They also asked for more promotions and higher annual increments for workers.

Story at a Glance

Category
BUSINESS
Reported By
The Economic Times
Reading Speed
2 Minute(s)
Market Focus
India Economy

Synopsis

The National Federation of Indian Railwaymen has presented demands to the 8th Central Pay Commission. They have requested a minimum salary of Rs 69,000 for employees, along with a fitment factor of 3.833. Additionally, they seek an increase in annual increments from 3% to 6% and at least five promotions during service. The federation also wants the merger of dearness allowance with basic pay when it reaches 25%.

The National Federation of Indian Railwaymen has sought a minimum pay of Rs 69,000 per employee in its representation on the 8th Central Pay Commission. The railway worker body pitched a fitment factor of 3.833 to “ensure an adequate and meaningful revision of pay.”

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The Economic Times

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Railway worker body seeks Rs 69,000 minimum wage from 8th pay commission | ArthNow