8th Pay Commission Update: A big update has come out regarding the 8th Pay Commission, know when it will be implemented..
The demand for the 8th Pay Commission for more than 1 crore employees of the Central Government has intensified. Employee organizations want the government to constitute the Eighth Pay Commission soon to review their salary, allowances, and pensions. Now Shiv Gopal Mishra, Secretary of the National Council (Staff Side, Joint Consultative Machinery for Central Government Employees), has reiterated this demand by writing a letter to the government.
The Pay Commission is constituted every ten years. Therefore, it is expected that the Eighth Pay Commission (8th Pay Commission Update) will be constituted in the year 2026. In the Eighth Pay Commission, the basic salary of the employees is expected to increase by 25 to 35 percent. If this happens, the minimum basic salary will be around Rs 26 thousand per month. The fitment factor is also expected to be increased from 2.57 to 3.68.
The Pay Commission is a body appointed by the government. It reviews the pay structure, allowances, and benefits of central government employees and recommends changes to them. It proposes necessary adjustments considering external factors such as inflation. This commission meets every 10 years. On February 28, 2014, then-Prime Minister Manmohan Singh constituted the 7th Pay Commission. The commission submitted its report to the government on November 19, 2015, and its recommendations were implemented on January 1, 2016.
When will the 8th Pay Commission be constituted?
The Pay Commission has been constituted in our country for 10 years. It is estimated that the Eighth Pay Commission will be constituted by January 1, 2026. However, no official announcement has been made by the Center yet. With the Modi government coming to power for the third time, the curiosity about the Eighth Pay Commission has increased among more than 1 crore central employees.
Employees gave a new proposal.
In a letter to the Cabinet Secretary, Shiv Gopal Mishra, Secretary, of Joint Consultative Machinery for Central Government Employees, has demanded the immediate formation of a new pay commission given the current economic conditions. He said that government revenue has doubled since 2015. Tax collection has also increased. But, the salary of central government employees has not increased according to inflation.
Since the Corona epidemic, both the government's earnings and inflation have increased significantly. Inflation has significantly reduced the purchasing power of employees and pensioners. Therefore, now the Eighth Pay Commission should be constituted as soon as possible and the salaries and allowances of the employees should be revised.
In-hand salary of employees will increase, EPFO made a big change in the rules
Mishra said that in the last decade, the number of central government employees has decreased by about 10 lakh. This has increased the workload on the existing employees. The letter also recommends that the pay matrix should be reviewed from time to time. One should not wait for a full 10 years for this.
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