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Minimum Pay Calculated by 7th CPC on the following Parameters – 11th BPS

Admin May 10, 2017

Minimum Pay Calculated by 7th CPC on the following Parameters – 11th BPS

Minimum Pay calculated by 7th CPC on the following parameters

 

Per day PCU

Unit

Per month 3 PCU

Unit

Price/Unit (Rs.)

Expenses(Rs.)

1.   Rice/Wheat

475

gm

42.75

kg

25.93

1108.30

2.   Dal (Toor/Urad/Moong)

80

gm

7.20

kg

97.84

704.44

3.   Raw Vegetables

100

gm

9.00

kg

58.48

526.28

4.   Green Vegetables

125

gm

11.25

kg

38.12

428.85

5.   Other Vegetables

75

gm

6.75

kg

32.80

221.42

6.   Fruits

120

gm

10.80

kg

64.16

692.93

7.   Milk

200

ml

18.00

litre

37.74

679.26

8.   Sugar/Jaggery

56

gm

5.04

kg

37.40

188.48

9.   Edible Oil

40

gm

3.60

kg

114.02

410.46

10. Fish

 

 

2.50

kg

268.38

670.95

11. Meat

 

 

5.00

kg

400.90

2004.51

12. Egg

 

 

90.00

no.

4.27

383.98

13. Detergents etc

 

 

Rs./month

 

291.31

291.31

14. Clothing

 

 

5.50

meter

164.88

906.83

15.  Total (1-14)

9217.99

16. Fuel, Electricity, Water Charges

2304.50

17. Total-(15) divided by 0.8

11522.49

18. Marriage, Recreation, Festivals, etc.

2033.38

19. Total-(17) divided by 0.85

13555.87

20. Provide for Skill by adding 25% to (19)

3388.97

21.  Sum (19+20)

16944.84

22. Housing @

524.07

23. Total-Divide no.21 by 0.97

17468.91

24. Step up of 3% on No.23 as DA is projected at 125% on 01.01.2016

524.07

25. Final Minimum Pay as on 01.01.2016 (23+24)

17992.98

26. Rounding off

         18000.00

Thus we shall also follow the principles of VII pay commission in fixing minimum salary, of course to be calculated as on 1st November. 2017 after adding the cushion discounted by the pay commission to the Government employees for the “ STATUS” they enjoyed and also after adding the additional cushion for the RISK, RESPONSIBILITY, TRANSFERABILITY AND ACCOUNTABILITY the bank officers are subjected to, in the same ratio fixed between the employees and officers, deleting the very concept of special pay caused grave injustice to the retired/retiring officers who laid strong edifice to the ever strong Indian banking sector. We have to take into account the inflation projected for Nov,17.

We shall also uphold views expressed in offering the running scale without stagnation and also in scrapping the NPS.

(Paragraphs in italics are verbatim reproduced from 7th report) pay commission With this background let us now go into our Charter of demands.

Signed Copy

Filed Under: Bank Employees News

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  1. S,mani says

    May 11, 2017 at 5:22 pm

    What about PBOR sep,Nk.Hav,N/Sub Sub anad Sub maj equalent in army airforce and navy non of the commission is care on
    For PBORS from Sepoy to Sub maj, service& pension basic very large difference between SEPOY TO OFFICERS, in india the pay commission and the Govt is in favour of officers only but in other countries they are consider nearby officers basic pay For PBORS , But in india more difference from sepoy to officers , when did the govt and the commission will comes in justice for Army AirForce and Navy PBOR , NO HUMAN NO JUCISTICE for PBORand their family,

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