The central government has approved the formation of the 8th Pay Commission for government employees and pensioners. This will potentially benefit millions of people. The Narendra Modi-led government implemented the 7th Pay Commission in January 2016. Its recommendations will end on 31 December 2025. Earlier, the tenure of the 4th, 5th and 6th Pay Commissions was 10 years.
The central government has approved the formation of the 8th Pay Commission for government employees and pensioners. This will potentially benefit millions of people. The Narendra Modi-led government implemented the 7th Pay Commission in January 2016. Its recommendations will end on December 31, 2025. Earlier, the tenure of the 4th, 5th and 6th Pay Commissions was 10 years.
How much will the salary increase after the 8th Pay Commission
After the implementation of the 8th Pay Commission, there may be a bumper increase in the salary of central employees. According to reports, this time the fitment factor can be fixed at least 2.86. If this happens, the minimum basic salary of the employees will also increase. It can be Rs 51,480. Currently the minimum basic salary is Rs 18,000. Pensioners will also get similar benefits. Their minimum pension can increase from Rs 9,000 to Rs 25,740.
How much did the salary increase when the 7th Pay Commission was implemented
The PM Modi-led government implemented the recommendations of the 7th Pay Commission from January 2016. This brought a big increase in the salary of government employees. A fitment factor of 2.57 was implemented under the 7th Pay Commission. In this, the basic salary of central government employees and pensioners was multiplied by 2.57. This was equivalent to an increase of 2.57 percent in the basic salary. According to this, the fitment factor in the previous pay commission was 1.86.
Related Articles:-
New Digital Visa Portal : Now applying for visa for Germany has become easier, new portal launched
