8th Pay Commission: Good news for central employees! Commission members will be announced this month
8th Pay Commission: The central government has intensified preparations for the 8th Pay Commission. According to government sources, the terms and conditions of the commission (Terms of Reference – ToR) will be released in the next two to three weeks. Along with this, the names of the chairman and other members of the commission will also be announced.
8th Pay Commission: The central government has intensified preparations for the 8th Pay Commission. According to government sources, the terms and conditions of the commission (Terms of Reference – ToR) will be released in the next two to three weeks. Along with this, the names of the chairman and other members of the commission will also be announced.
Common memorandum will be prepared
Before the formation of the 8th Pay Commission, a common memorandum will be prepared by the central government employees and pensioners. This announcement was made by the National Council-Joint Consultative Machinery (NC-JCM). This memorandum will include demands and suggestions related to fitment factor, minimum salary, pay scale, allowances, advance and promotion.
A drafting committee has been formed to prepare this memorandum, which will be headed by Shiv Gopal Mishra, Secretary General of Staff Side of NC-JCM. The committee will have 13 members, who will be elected by the recognized employee unions. This committee will meet in June and prepare the memorandum. This decision was taken in the recent Staff Side meeting held in New Delhi.
The report will be ready in a year
The government will give the commission at least one year to prepare the report. During this time, talks will be held with the central, state governments, government companies and other important people. After the report comes, the new salary and pension will be considered applicable from January 1, 2026.
Expenditure pressure will increase on the government
The government’s expenditure had increased significantly at the time of the 7th Pay Commission. In 2016-17, there was an increase of about 23.55% in salary and pension, which put an additional burden of about Rs 1.02 lakh crore on the government. Something similar can happen this time too, which can make it challenging for the government to manage the budget.
More than 5 crore people will benefit
The 8th Pay Commission will benefit about 50 lakh central employees and 65 lakh pensioners. Along with this, lakhs of employees of states and union territories will also benefit from this, as they also usually adopt the decisions of the Center.
New salary structure
The 7th Pay Commission introduced a new pay matrix, in which the minimum salary was fixed at Rs 18,000 and the maximum salary at Rs 2.5 lakh per month. Similarly, this time also the 8th Pay Commission will decide the new fitment factor keeping in mind inflation and rising prices. Last time a fitment factor of 2.57 was applied.
After the implementation of the 7th Pay Commission, the government expenditure increased by 9.9% in 2016-17, whereas before this the expenditure had increased by only 4.8%. Similarly, the 8th Pay Commission can also affect the government’s budget.
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