8th pay commission: There is a wave of good news among government employees and pensioners after the 8th Pay Commission of the Union Cabinet gets the 8th Pay Commission. According to reports, the fitment factor may live between 1.92 and 2.08. This can increase the salary of government employees by up to 108%. However, the government has not yet officially announced the salary structure, dearness (DA) and fitment factor. Central employees are hoping that the government may give some hints regarding the formation and salary structure of the 8th Pay Commission in the budget.
Government announced the formation of 8th Pay Commission
In January, the government led by Prime Minister Narendra Modi approved the formation of the 8th Central Pay Commission. The purpose of this commission is to improve the life quality of government employees and decide according to salary standards. Union Minister Ashwini Vaishnav announced on 16 January that the 8th Pay Commission would be set up for all government employees. He said that since independence, seven pay commissions have been formed till now, the last of which was implemented in the 7th Pay Commission 2016. Its period is ending in 2026. Now this step has been taken to prepare new recommendations in the year 2025.
Fitment factor and salary will increase
The fitment factor is being discussed for salary hike under the 8th Pay Commission. According to Shiv Gopal Mishra, secretary of the National Council of Joint Consultative Machinery (NC-JCM), the Commission may recommend the fitment factor of at least 2.86. However, some believe that the government may do a fitment factor between 1.92 and 2.08.
How much will the salary of central employees increase
If the fitment factor 2.08 is fixed, the minimum basic salary of central employees can increase from Rs 18,000 to Rs 37,440. At the same time, pension can increase from Rs 9,000 to Rs 18,720. But if the fitment factor goes to 2.86, the salary may increase by 186%. If this happens, the minimum salary can increase by Rs 51,480 and pension to Rs 25,740.
Budget 2025 may announce the possibility related to 8th Commission
Discussion about the 8th Pay Commission is being held at a time when Union Finance Minister Nirmala Sitharaman is going to introduce 2025 on 1 February. In such a situation, any new announcement related to the 8th Pay Commission can be made in the budget. The government can discuss in the budget on important points regarding group or salary structure of officers involved in the Commission.
What is Pay Commission?
The Government of India forms the Pay Commission from time to time, which makes recommendations related to the salary structure of all government employees and public sector employees. The first Pay Commission was formed after independence in 1947. Since then, seven pay commissions have been implemented. The 7th Pay Commission formed in 2014 submitted its report in November 2015. It was implemented in the year 2016. According to its recommendations, the salary and pension of government employees was increased by 23.5%.
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