New Delhi, April 16 -- The National Council of Joint Consultative Machinery (NCJCM) has recently proposed a minimum basic pay of Rs.69,000 for Group C employees under the upcoming 8th Pay Commission. This proposal is based on a detailed, elaborate expense calculation sheet.
The proposal also indicated a fitment factor of 3.83, which is higher than the 7th Pay Commission's 2.57, given that pay revision usually occurs once a decade.
This particular calculation was reportedly prepared under the supervision and guidance of the NCJCM team. It takes a scientific approach that factors in real household expenses and day-to-day living costs for a family of five.
Keeping these developments in mind, let us examine the fundamental reasons for the ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.