8th Pay Commission: What is the latest update regarding the 186% salary hike for central government employees, know
Recently, in a pre-budget meeting with Finance Minister Nirmala Sitharaman, several trade unions and the Bharatiya Mazdoor Sangh requested the central government to constitute the 8th Pay Commission without any delay. Central government employees want to implement the 8th Pay Commission to address concerns related to salary hikes and other benefits.
Earlier, government employees were hoping that the formation of a new pay commission could be announced during the budget in February 2025. However, the Finance Ministry recently clarified in the Rajya Sabha that there is no plan to constitute a new Central Pay Commission. The Pay Commission is still in force. This disappointed more than one crore central government employees and pensioners.
8th Pay Commission: 186% pay hike and timeline
National Council of Joint Consultative Machinery (NC-JCM) secretary Shiv Gopal Mishra has recently given rise to speculations by mentioning that the next Pay Commission will propose a fitment factor of "at least 2.86". This could potentially lead to a significant pay hike of 186%.
If the central government approves this recommended adjustment factor, the minimum basic pay of central government employees could increase from Rs 18,000 to Rs 51,480. Additionally, at this adjustment factor, the pension of pensioners could increase from Rs 9,000 to Rs 25,740.
As far as the timeline is concerned, central government employees were earlier expecting the government to announce the new pay commission in this year's budget. However, recent statements from the Finance Ministry have blown the lid off their hopes. So far, the government has not announced any official timeline for the formation of the 8th Central Pay Commission.
Other details
Several media reports suggest that the central government is considering major changes to its salary and pension revision process. According to reports, the government may completely abandon the traditional pay commission framework and introduce a new system that will take into account employees' performance and inflation rate to increase their salaries.
The government aims to create a more dynamic and responsive system through these changes, the report said.