Amidst the economic crisis, there is good news for govt employees. The federal government has announced an astonishing increase in salaries of govt employees.
Increased Salaries for Employees
Sources suggest that the pay for MP-1 employees of 2017 has been increased by Rs. 33,000 and their salary has increased from Rs 499,000 to Rs 532,000. Similarly, the pay for MP-1 employees of 2023 have been increased by an impressive Rs 47,850 and their salary now amounts to Rs 772,000.
Sources also report that the salary of MP-2 employees has been increased by almost Rs 27,225 for 2017 and their salary now amounts to Rs 290,000 while the salary of MP-2 employees for the year 2023 has been increased to Rs 492,000.
Similarly, the salary for MP-3 employees for the year 2017 has been increased to Rs 181,500 while the salary of the employees of 2032 has been increased to a record Rs 263,000.
The official notification stated that the new salaries will be effective from 1st October, 2023.
Govt approves Rs 620 million for PSM Employees
The federal government has approved Rs 620 million for the salaries of Pakistan Steel Mills employees. This was approved by the government on October 3, 2023. Sources suggested that the employees will get the salaries of almost 6 months for the current year. This 620 million has been taken for the Rs 10 billion funds of the Pakistan Steel Mills.