Minimum Wages Fitment Formula and Wage Hike

Minimum Wages Fitment Formula and Wage Hike.

Comrades,

There are number of unwanted articles on minimum wage, fitment formula and wage hike on many websites which are not true and create confusion among the Central Government Employees. This type of the articles also give wrong impressions and give wrong signals to the Government, these articles are written without having basic knowledge of the price rise and minimum wage calculation.

The minimum wage calculation is given below. Hence it is requested to go through the below calculation of minimum wages, as the 7th CPC has indicated the use of using Dr. Aykroyd formula and 15th ILO norms for calculation of minimum wages. The rates are taken from Government shops. The rates to be taken up by the 7th CPC may vary only marginally.

We should actually wait for the 7th CPC to give its report and then we should react and staff side JCM shall take necessary steps in this regard. Let us stop all such unwanted gossips of minimum wage, fitment formula and wage hike. The model minimum wage calculated using Dr. Aykroyd formula and 15th ILO norms as on 1st July 2015 is given below.

Item

Per Month

Average

Amount

3 units

Rate

in Kgs/ mt

Rice  (fine) & Wheat atta

42.75

40

1710

Dal

7.2

140

1008

Raw Vegetables

9

41

369

Green Vegetables

11.25

45

507

Other Vegetables

6.75

55

372

Fruits

10.8

75

810

Milk Dairy

18

33

594

Sugar

5

39.5

198

Edible Oil

3.6

114

410

Fish

2.5

410

1025

Meat Mutton

5

450

2250

Egg

90

5

450

Detergents*

1

161.58

162

Clothes

5.5

250

1375

Total

11241

Miscellaneous @ 20%

2248.2

Total

13489

Additional @ 25%

3372.3

Total

16861.5

Add 10% housing

1686

Minimum pay for unskilled worker in the erstwhile Group “D”

18547.5

Add 25% for Group “C” ( as proposed by 6th CPC )

4636.875

Total

23184.375

Add 6% more prices from 1st July  2015 to 1st Jan 2016

1391.04

Total amount

Rs 24575/-

Minimum pay for skilled worker in Group “C” Say Rs 25,000/-

Fitment formula = Rs 25000/7000 = 3.5

The main goal is to educate the Central Government Employees and prepare for the struggle path in case the five important things expected of the 7th CPC are not met.

A) Minimum wage of Rs 25,000/-
B) Fitment formula of 3.5
C) Wage hike of more than 60%.
D) Proper pay scales with proper increment rate.
E) Proper promotion policy and proper allowances.

DA as likely on 1st Jan 2016 is likely at 125%.

After 7th CPC implementation it will DA will be zero %

Existing Basic Minimum wage is Rs 7000/- as on 1/1/06

Add 125% DA as on 1/1/2016 =Rs 8750/-

Total existing Minimum Wage as on 1/1/2016 is Rs 15750/-

If the Minimum wage is fixed at Rs 25,000/-

Net Increase shall be Rs 9250/-

Net Increase should be 60%.

Comradely yours

(P.S.Prasad)
General Secretary

Source-http://karnatakacoc.blogspot.in/

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Discover more from Govtempdiary

Subscribe now to keep reading and get access to the full archive.

Continue reading