8th pay commission latest update: After the tough competition of the Lok Sabha election results, now the Modi government has been formed once again at the center. Let us tell you, on January 1, 2024, there was a total increase of four percent in the dearness allowance (DA hike latest update) of more than one crore employees and pensioners. Now the employees are expecting an increase once again from the new government. Actually, according to sources (DA hike), now from July 1, once again the government employees can get the gift of increase in DA. Let’s know about it in detail in the news-
Modi government has come to power at the center once again. There will be new expectations from the new government. It is being speculated that the mood of the government will change and it will be kind to the employees (Central government employees). According to information received from sources, the new government can now start discussions regarding the 8th Pay Commission. However, there is no timeline for this. But, it can be discussed soon. It is expected that by next year the Modi government can make a big announcement for the central employees.
Preparations for next pay commission begin
There can be a big increase in the minimum salary of central employees. Next year, the central government can give this gift to its employees. Till now, the discussion was that the 8th pay commission will not come. But, now it is expected that preparations for the next pay commission will begin. However, the government has not yet agreed that it will bring the next pay commission. Government sources say that the discussion on this will start in a new way in the new government (dearness allowance hike). Discussion on this is also possible in the monsoon session. Discussion on the next pay commission is possible after the continuous demand of the employees.
There will be a big jump in salary
If sources are to be believed, the biggest increase in the salary of employees can be seen in the 8th Pay Commission (DA hike update). Sources also say that it is difficult to say what will come in the new pay commission and what will not. The question is also whether a planning commission will be formed regarding this or the Finance Ministry will also take up this responsibility. It is expected that a committee can be formed in the next two months. Only after this, something can be decided regarding the formula for increment in the salary of employees (DA hike calculation).
When is the 8th Pay Commission expected to arrive?
If sources are to be believed, the 8th Pay Commission should be formed in the year 2025. At the same time, it can be implemented within a year. According to experts, if this happens, there is a possibility of a huge jump in the salary of central government employees. Many changes are possible in the 8th Pay Commission as compared to the 7th Pay Commission. There may also be some changes regarding the fitment factor. Let us tell you, till now the government used to form a pay commission once in 10 years.
How much can the salary increase?
If everything goes well in the 8th Pay Commission as compared to the 7th Pay Commission, the biggest increase (DA hike) is expected in the salary of the employees. The fitment factor of the employees will increase to 3.68 times. Also, whatever the formula, the basic salary of the employees can increase by 44.44%.
