Budget 2025: As Union Budget 2025 is approaching, speculations regarding the 8th Pay Commission are increasing. Central employee organizations have earlier also raised the demand for a new pay commission. The demand for 8th Pay Commission was also raised by the employees in the last budget. However, the Finance Ministry had made it clear that at present there is no plan to constitute the 8th Pay Commission. Now the question arises whether this will be announced in the budget to be presented on 1 February 2025?
Budget 2025: Expectations on 8th Pay Commission
The Finance Ministry may have denied the formation of the 8th Pay Commission, but central employees are keeping an eye on any update from Finance Minister Nirmala Sitharaman in the upcoming budget. The Union Budget 2025-26 will be presented in the country on 1 February 2025. Finance Minister Sitharaman held a meeting with trade unions on Monday 6 January. This meeting is part of the general pre-budget talks, but the 8th Pay Commission is also likely to be discussed in it.
Employees are demanding eighth pay commission
Last month, on December 12, the Central Employees Federation had written a letter to Prime Minister Narendra Modi demanding the formation of a new pay commission. The federation had said in its letter that due to increase in inflation rate and fall in the value of rupee, it has become necessary that the 8th Central Pay Commission be constituted without any delay.
Finance Ministry’s stance
Last month, on December 3, the Finance Ministry had said in the Rajya Sabha that at present the government has no proposal to constitute the 8th Pay Commission. In response to a Rajya Sabha question, the Ministry said that no proposal for the formation of the 8th Central Pay Commission for the Central Government employees is currently under consideration of the Government.
7th Pay Commission is currently implemented in the country
At present the recommendations of the 7th Pay Commission are in force. The 7th Pay Commission in the country was constituted in 2014 and came into effect in 2016. Traditionally a new pay commission is constituted every 10 years, but there is no legal obligation to do so.
8th Pay Commission: There will be increase in salary
Although the government has not announced any plan to constitute the 8th Pay Commission, discussions are going on among the employees regarding salary increase. According to reports, the salary revision may be linked to inflation instead of the new commission. Also, if the government approves the fitment factor of 2.86, the minimum wage of employees may increase from ₹18,000 to ₹51,480, which will be an increase of 186%. However, this is only speculation and there has been no official statement on this from the government.
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