An initial proposal to increase salaries by 15 to 20 percent in the federal budget.

In the upcoming federal budget, a preliminary proposal of 15 to 20 percent increase in the salaries of employees was presented.

According to sources in the Ministry of Finance, there is a proposal to increase the monetization policy of the bureaucracy by 40 thousand to 60 thousand rupees, while there is a plan to increase the monetization for officers up to grade 20 from 65 thousand rupees to 1 lakh 5 thousand rupees.

Sources of the Ministry of Finance say that it is proposed to increase the monetization policy of Rs 75 thousand for Grade 21 officers to Rs 1 lakh 20 thousand, while the monetization received by Grade 22 officers is increased from Rs 95 thousand to Rs 1 lakh 55 thousand. The proposal is under consideration.

Similarly, a 10% increase in the salaries of employees of grades 1 to 22 will have an impact of about Rs.

Sources say that employees of scale 1 to 16 are getting Rs 1,800 conveyance allowance and Rs 1,500 medical allowance, while officers of 17 and 18 grades are currently getting Rs 5,000 conveyance allowance.

According to sources in the Ministry of Finance, there is a preliminary proposal to increase the conveyance allowance by 200% for grades 17 to 18.

It should be remembered that the employees of one to 16 scale got 25 and 15 percent disparity allowance in 2021 and 2022. This time, the proposal to continue the disparity allowance is also under consideration to reduce the difference in the salaries of provincial and federal employees. Sources It is further to say that all these proposals are in the initial stages, the final decision will be taken by Prime Minister Shehbaz Sharif in consultation with the Ministry of Finance and the Cabinet.