8th Pay Commission: Employees are happy ever since Prime Minister Narendra Modi’s government approved the 8th Central Pay Commission. However, now the most discussed topic is how much the salary of central employees will increase. Government employees hope that their salary can increase by up to 108%
8th Pay Commission: Employees are happy ever since Prime Minister Narendra Modi’s government approved the 8th Central Pay Commission. However, now the most discussed topic is how much the salary of central employees will increase. However, the government has not yet officially announced any salary structure, dearness allowance (DA) and fitment factor. According to the calculation of the fitment factor, the minimum basic salary of central employees can increase from Rs 18,000 to Rs 37,440.
Salary will increase on the basis of fitment factor
The fitment factor for salary hike under the 8th Pay Commission is being discussed. The National Council of Joint Consultative Machinery (NC-JCM) and the employees’ association have recommended a fitment factor of at least 2.86. However, experts believe that the government can make the fitment factor between 1.92 to 2.08. The salary of employees is decided on the basis of the fitment factor.
How much will the salary of central employees increase
If the fitment factor is fixed at 2.08, then the minimum basic salary of central employees can increase from Rs 18,000 to Rs 37,440. At the same time, the pension can increase from Rs 9,000 to Rs 18,720. But if the fitment factor goes up to 2.86, then the salary can increase by 186%.
If this happens, the minimum salary will increase to Rs 51,480 and the pension to Rs 25,740. Let us tell you here that the 7th Pay Commission, constituted in 2014, gave its report in November 2015. It was implemented in the year 2016. According to its recommendations, the salary and pension of government employees were increased by 23.5%.
Government announced the formation of 8th Pay Commission
In January, the central government led by Prime Minister Narendra Modi approved the formation of the 8th Central Pay Commission. Union Minister Ashwini Vaishnav had announced on January 16 that the 8th Pay Commission would be constituted for all government employees. He said that since independence, seven pay commissions have been formed, the last of which i.e. the 7th Pay Commission was implemented in 2016. Its period is ending in 2026. Now the Eighth Pay Commission will be constituted in the year 2025 to prepare new recommendations.
What is a Pay Commission?
The Government of India constitutes a Pay Commission from time to time, which gives recommendations related to the salary structure of all government employees and public sector employees. The first Pay Commission was constituted in 1947 after independence. Since then, seven pay commissions have been implemented.
