8 CPC update: The central government is planning to implement the 8th Pay Commission for its employees soon. After its implementation, the salary of 1.2 crore central employees will see the biggest increase ever. As soon as the employees get the benefits of the new pay commission, there will be a significant increase in their salary.
Apart from this, pensioners are also likely to benefit a lot from this. The government has announced the formation of the 8th Pay Commission (8th CPC latest update), now the upcoming work on it will start soon. Let us know the latest update about this.
new pay commission The central government forms a new commission for employees every 10 years. The 7th Commission was implemented 9 years ago, whose term will end on January 1, 2026 and it will also complete 10 years since its implementation. After this, the government will soon implement the 8th Commission for the employees.
With the implementation of this new commission (8th CPC kab lagu hoga), about 1.2 crore government employees will get the benefit of increase in salary (8th Pay Commission Salary Hike). Its objective is to improve the income of the employees and improve their standard of living. This change will provide more facilities and financial assistance to the employees.
This has been announced regarding the new pay commission –
The government had announced the formation of the new 8th Pay Commission on January 16. But it has not been formed yet. Despite this, the question remains among the employees that how much increase can be made in the salary of the employees by this new commission. The definite answer will be found when the commission is formed (8th pay commission date) and the recommendations are implemented, but some calculations can be done on the basis of estimation.
These calculations will be based on the recommendations of the previous commission and the possible coefficient. In this way, an attempt is being made to know how much the salary of the employees can increase on average. To understand this calculation, first of all it is necessary to know what is the coefficient (Fitment factor). However, it is believed that this time there will be a strong increase in the salary of the employees.
This is the role of the fitment factor –
An important coefficient that determines the salary and pension of government employees is the Fitment Factor (Fitment Factor in 8th CPC). The basic salary is calculated with a multiplier (Multiplier in 8th CPC), which helps in changing the old salary to the new level. In the 7th Pay Commission, this coefficient was 2.57, due to which the employees got more salary by 23-25 percent. In the 8th Pay Commission (8th pay commission news), this coefficient is estimated to be between 2.28 to 2.86. This change is helpful in improving the total income of the employees.
Salary can increase this much –
If there are chances of keeping the fitment factor 2.86 under the new commission. At present, according to the 7th Pay Commission, the minimum salary is Rs 18,000, which can now increase to Rs 51,480. At the same time, if this coefficient remains 2.28, then the minimum salary will be Rs 41,040. Apart from the basic salary, the total income of government employees also includes other allowances such as Dearness Allowance, Travel Allowance and House Rent Allowance, but the salary hike is only in the basic salary. If the coefficient of 2.86 is applied under this commission, then there can be a substantial increase in the salary of the employees. It is estimated that the total income of the employees can increase by 25-30 percent.
Last time the salary was increased by this much –
The previous recommendations under the 7th Pay Commission were implemented from January 1, 2016, with a fixed coefficient of 2.57. As a result, the minimum salary of employees increased from Rs 7,000 to Rs 18,000. Along with this, their total income increased by 23-25 percent.
If we talk about the previous commissions i.e. the sixth pay (6th Pay Commission), the coefficient applicable from 2006 to 2016 was 1.86. These changes led to a significant improvement in the income of employees, which was helpful in improving their standard of living.