8th pay commission: Since the announcement of the 8th Pay Commission of the Central Government, the discussions about the salary increase of central employees have intensified. The National Council-Joint Consultative Machinery (JCM-NC) has demanded the government to make the fitment factor at least 2.57 or more. So that employees can get better salary. Now it has to be seen that the government puts its seal on this demand of employees.
Fitment Factor 2.57 – How much will salary increase?
According to JCM-NC Secretary Shiv Gopal Mishra, the fitment factor should be 2.57 or more, which will be similar to the 7th Pay Commission. If the fitment factor of 2.57 is applied, the salary of central employees will increase by 157 percent.
The current minimum wage will increase from Rs 18,000 to Rs 46,260 monthly. In the same proportion, the minimum pension will also increase from Rs 9,000 to Rs 23,130. The 7th Pay Commission also adopted a fitment factor of 2.57, due to which the minimum wage of the employees increased from Rs 7,000 to Rs 18,000.
Discussion of Fitment Factor 1.92, but demand 2.57
Former Finance Secretary Subhash Garg believes that 2.86 fitment factor will be higher. Employees are demanding this but it is difficult to do so. He says that the 1.92 fitment factor is more likely. On the implementation of the 1.92 fitment factor, the minimum salary will increase from Rs 18,000 to Rs 34,560, which will increase by 92 percent.
Why is fitment factor 2.57 or more needed?
According to JCM-NC, the 7th Pay Commission had made the basis of the 15th Indian Labor Conference (ILC) in 1957 and the minimum life subsistence pay formula of Dr. Aycoid. But it has become old in view of today’s inflation and expenses. The 7th Pay Commission had set a three -unit consumption standard to fix the need based salary. But the 8th Pay Commission should do it five units. So that, dependent parents can also be included. Mishra argued that in view of the increasing expenses of internet, higher education, health and digital service, it is necessary to have fitment factor 2.57 or more.
8th Pay Commission’s deadline
The time period of the 7th Pay Commission ends on 31 December 2025. Therefore, there is a possibility that the 8th Pay Commission will be implemented from 1 January 2026. However, according to some reports it may also be delayed. On 16 January 2025, the Union Cabinet headed by Prime Minister Narendra Modi approved the 8th Pay Commission. However, the names of its chairman and members have not been announced yet. The recommendations of the 7th Pay Commission came into force in 2016, on the basis of which it is believed that the recommendations of the 8th Pay Commission will be implemented in 2026.
Cylinder, demat, UPI payment, tax and GST will have to be settled soon from 1 March 2025