In a significant step for government employees, Prime Minister Narendra Modi's cabinet has approved the formation of the 8th pay commission for central government employees.
Over one crore central government employees and pensioners have been eagerly waiting for the formation of a new commission to revise their basic pay, allowances, pensions, and other benefits.
Road for 8th Pay Commission Cleared
During the announcement, Union Minister Ashwini Vaishnaw stated that the commission is expected to be established by 2026.
He also confirmed that the recommendations of the seventh pay commission have already been put into effect. Other information regarding the commission, including the members, will be disclosed later by the government.
In order to ensure pay fairness and benefit both current employees and retired pensioners, the Seventh Pay Commission made significant adjustments to the central government employees' remuneration structure, benefits, and allowances.
Central Pay Commission Formed Every 10 Years
Traditionally, Central Pay Commissions are set up every ten years to examine and suggest modifications to the central government employees' pay scales, benefits, and allowances. These commissions consider things like economic conditions and inflation.
8th Pay Commission: Salary May Rise Upto…
If the 8th Pay Commission's recommendations are approved, the minimum salary of central employees could rise from ₹18,000 to about ₹34,560, an increase of nearly 92%. Likewise, the minimum pension for pensioners could go up to ₹17,280.
This change would provide significant relief to government employees and pensioners, considering inflation and other economic factors.
When will the 8th Pay Commission be Implemented?
Former Prime Minister Manmohan Singh established the 7th Pay Commission on February 28, 2014, and it turned in its findings on November 19, 2015, with recommendations that went into effect on January 1, 2016.
This timeline suggests that the 8th Pay Commission will go into effect on January 1, 2026. Similar to earlier commissions, it would probably lead to changes to retirees' Dearness Allowance (DA) and Dearness Relief (DR), among other salary adjustments.
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