8th Pay Commission: Increasing salary in the 8th Pay Commission will not be easy, government will suffer loss of lakhs of crores..

Ever since the central government approved the 8th Finance Commission, it has been discussed a lot. How much will the salary and pension of the employees increase in the 7th Pay Commission? How much fitment factor will be applicable? Estimates are being made on this. But do you know that the government may get a big shock if the salary is revised in the new Finance Commission? There may be a huge burden of an additional 1.8 lakh crores on the central government.

According to Ambit Capital, the implementation of the new salary structure can increase the total salary of more than 1 crore employees and retirees by 30-34%. If this change is implemented, it can start from 2026 or the financial year 2027. This can put an additional burden of Rs 1.8 lakh crore on the government expenditure.

The biggest basis for increasing the salary in the 8th Pay Commission will be the fitment factor. This time, the fitment factor can be between 1.83 and 2.46. Meaning, the minimum salary, which is currently Rs 18,000, can go up to Rs 32,940 at a 1.83 fitment factor and Rs 44,280 at 2.46. For example, if someone's basic salary is Rs 50,000, then it can range from Rs 91,500 at lower fitment to Rs 1.23 lakh at higher fitment. Also, Dearness Allowance (DA) will be adjusted according to inflation, and payments for pensioners will also be updated. These changes can be implemented from the financial year 2026 or 2027.

Economic growth will increase.
Experts believe that the 8th Pay Commission can prove to be a game-changer for the economy. Increased salaries of more than 1 crore employees and pensioners will boost consumption. People will spend more on healthcare, housing and leisure. Retail, real estate and service sectors will get a big benefit from this. But this will not be easy for the government. The additional burden of Rs 1.8 lakh crore can increase the fiscal deficit. The government will have to create a balance so that the economy grows and the financial stress does not increase.

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