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Big update regarding 8th Pay Commission! Know when it will be implemented, how much salary will increase

A big update has come out for the central employees. Actually, a new pay commission is implemented every ten years. The Seventh Pay Commission was last implemented in January 2014. After which now the employees are eagerly waiting for the Eighth Pay Commission (8th Pay Commission Update). If the new pay commission is implemented then there will be a tremendous increase in the salary of the employee. Let us know in the news below –

The demand for 8th Pay Commission for more than 1 crore employees of the Central Government has intensified. Employee organizations want the government to constitute the Eighth Pay Commission soon to review their salaries, allowances and pension. Now Shiv Gopal Mishra, Secretary of the National Council (Staff Side, Joint Consultative Machinery for Central Government Employees) has reiterated this demand by writing a letter to the government.

The Pay Commission is constituted every ten years. Therefore, it is expected that the Eighth Pay Commission (8th Pay Commission Update) will be constituted in the year 2026. The basic salary of employees is expected to increase by 25 to 35 percent in the Eighth Pay Commission. If this happens, the minimum basic salary will be around Rs 26 thousand per month. The fitment factor is also expected to be increased from 2.57 to 3.68.

The Pay Commission is a government-appointed body. It reviews the pay structure, allowances and benefits of central government employees and recommends changes in them. It proposes necessary adjustments considering external factors such as inflation. This commission meets every 10 years.

The 7th Pay Commission was constituted by the then Prime Minister Manmohan Singh on 28 February 2014. The commission submitted its report to the government on 19 November 2015 and its recommendations were implemented from 1 January 2016.

When will the 8th Pay Commission be formed?

The Pay Commission has been constituted in our country at an interval of 10 years. It is estimated that the Eighth Pay Commission will be constituted by January 1, 2026. However, no official announcement has been made by the Center yet. With the Modi government coming to power for the third time, the curiosity about the Eighth Pay Commission has increased among more than 1 crore central employees.

Employees gave a new proposal

Shiv Gopal Mishra, Secretary of Joint Consultative Machinery for Central Government Employees, in a letter to the Cabinet Secretary has demanded immediate formation of a new pay commission in view of the current economic conditions. He said that government revenue has doubled since 2015. Tax collection has also increased. But, the salary of central government employees has not increased according to inflation.

Since the Corona epidemic, both the government’s earnings and inflation have increased significantly. Inflation has significantly reduced the purchasing power of employees and pensioners. Therefore, now the 8th Pay Commission should be constituted as soon as possible and the salaries and allowances of the employees should be revised.

Mishra said that the number of central government employees has decreased by about 10 lakh in the last decade. This has increased the workload on the existing employees. The letter also recommended periodic review of the pay matrix. One should not wait for a full 10 years for this.

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Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap, has 2 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @jharkhandbreakingnews@gmail.com
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