8th Pay Commission: The central government had announced the formation of the 8th Central Pay Commission in the month of January itself. Since then, central employees and pensioners are waiting to know when the commission will be formed and on what basis will they get what benefits?
8th Pay Commission latest news: The central government had announced the formation of the 8th Central Pay Commission in January itself. Since then, central employees and pensioners are waiting to know when the commission will be formed and what benefits will they get on what basis? However, Manoj Goel, Expenditure Secretary of the Finance Ministry, has given a big update on this in an interview. Manoj Goel said that the 8th Pay Commission can be formed by April. Let us tell you that this will benefit about 50 lakh employees of the central government and about 65 lakh pensioners.
What is didel
Expenditure Secretary Manoj Goel, in an interview to the Times of India, said that he expects the pace of capital expenditure to pick up and signs of this are already visible. In response to a question, he said, ‘We estimate that the Pay Commission will not have any financial impact in the next financial year. After the formation of the Pay Commission, it will take some time to submit its report, which will then be processed by the government. So we do not expect any outgo in the next financial year. There will be an outgo in the financial year starting April 2026.’
Recently, in response to a question in the Rajya Sabha, Union Minister of State for Finance Pankaj Choudhary also said that the government has approved the formation of the commission and decisions regarding other aspects related to it will also be taken soon.
Minimum salary can increase by this much
Central employees and pensioners are hoping that this time the Fitment Factor can be increased to the range of 1.92-2.08. The Fitment Factor is a multiplier that is used to revise the salary and pension of central employees on the proposal of the Pay Commission. If it is increased to the range of 1.92-2.08, then the minimum salary of a central employee can increase from ₹ 18,000 to ₹ 34,560 or ₹ 37,440.
The Pay Commission is constituted by the Central Government once every decade to review the salary structure of government employees and recommend changes. The Commission considers factors such as inflation, the state of the economy, income inequality and related factors. Additionally, it reviews bonuses, allowances, perks and other benefits provided to government employees. Currently the 7th Pay Commission is in operation, its term will end on 31 December 2025. The 8th Pay Commission will come into effect from the year 2026.
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