There may also be some changes in the 8th Pay Commission as compared to the 7th Pay Commission. With this, the employees of the Sixth Pay Commission will get more benefits in salary.
Since the late former Finance Minister Arun Jaitley in one of his speeches in Parliament in 2016 had also indicated this, if sources are to be believed, the Modi government may consider it.
7th-8th Pay Commission: Before the upcoming elections, Central Government Employees can get many big gifts. On the one hand, speculations are being made that before Holi, the dearness allowance of the employees may increase by 4 percent, on the other hand, the speculation about increasing the fitment factor and bringing in the 8th Pay Commission has also intensified.
It is believed that if the 8th Pay Commission comes, then there will be an increase of about 44 percent in the salary and the basic salary will be 26000.
In fact, last year, while answering a question, the Central Government had told in the Parliament that the 8th Pay Commission will not come yet, at the moment there is no idea on it, but once again in 2023 the discussions of the 8th Pay Commission have intensified.
In the past, many speculations were made regarding the 8th Pay Commission even during the budget session, although no announcement or statement was made by the Central Government. Now, before the upcoming elections, discussions have started regarding this once again, because till now it has been seen that every 10 years a new pay commission has been implemented. The 7th Pay Commission was implemented in 2016.
8th Pay Commission can be considered
At present, no proposal has been presented by the Central Government regarding the Eighth Pay Commission, but if sources are to be believed, the Modi government may introduce the Eighth Pay Commission in the year 2024 and complete it in the year 2026, to help the employees before the upcoming elections. can be applied in
There may also be some changes in the 8th Pay Commission as compared to the 7th Pay Commission. With this, the employees of the Sixth Pay Commission will get more benefits in salary. Since the late former Finance Minister Arun Jaitley in one of his speeches in Parliament in 2016 had also indicated this, if sources are to be believed, the Modi government may consider it.
44% increase possible
According to media reports, after the 7th Pay Commission, now by 2026, the Modi government can set up the 8th Pay Commission, due to which the salary of central employees can increase by more than 44 percent. . Salary can be reviewed under the same Fitment Factor or any other formula.
At present, the fitment factor in the Seventh Pay Commission is 2.57 times, after which the salary of the employees has increased by 14.29% and the basic salary is fixed at Rs 18,000. Same fitment factor can be possible 3.68 times under 8th pay commission, after which salary will increase by 44.44% and basic salary will be 26000.
Know how much salary will increase
- According to media reports, the minimum pay scale was Rs 7,000 with a fitment factor of 1.86 times and an increment of 54% under the 6th Pay Commission. Under the 7th Pay Commission, the minimum pay scale has reached Rs 18,000 after the fitment factor is 2.57 times and the increment is 14.29%.
- Under the same 8th Pay Commission, now if the fitment factor is 3.68 times, then the minimum pay scale will be 26,000.
- For example, if the basic salary of a central employee is Rs 18,000, then excluding allowances, his salary will be 18,000 X 2.57 = Rs 46,260. On being 3.68, the salary will be Rs 95,680 (26000 X 3.68 = 95,680) i.e. there will be a profit of Rs 49,420 in salary.
- The pay matrix made in the 7th pay commission is based on the fitment factor, in such a situation, the fitment factor is considered to be an important role in the salary received by the employees. Due to this factor, the salary of central employees has increased by more than two and a half times. it occurs.
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