8th Pay Commission: There is good news for government employees. The central government has received a proposal to form the Eighth Pay Commission before the full budget of 2024. It is expected that the government can start discussions on this proposal before the budget. 8th Pay Commission by this year..
There is good news for government employees. The central government has received a proposal to form the Eighth Pay Commission before the full budget of 2024. The proposal of the 8th Pay Commission has been sent to the Modi government. So that the Pay Commission can review the basic salary, allowances, pension and other benefits for central government employees and pensioners. The budget will be presented at the end of July. In such a situation, it is expected that the government can talk about the proposal of the 8th Pay Commission in the budget.
Modi government received the proposal of 8th Pay Commission
Shiv Gopal Mishra, Secretary, National Council of Employees’ Side, Joint Consultative Machinery for Central Government Employees, has written a letter to the Cabinet Secretary, urging the government to give priority to the formation of the 8th Pay Commission. A Central Pay Commission is constituted every 10 years. It examines the existing salary structure, allowances and benefits of central government employees, suggests necessary changes based on factors such as inflation.
Government will constitute 8th pay commission
The 7th Pay Commission was introduced by former Prime Minister Manmohan Singh on 28 February 2014. Its recommendations came into effect from 1 January 2016. This will be the first time a new pay commission will be constituted during the tenure of the Modi government. As per the usual ten-year interval, the 8th Central Pay Commission is proposed to begin from 1 January 2026. However, the government has not yet announced its formal formation.
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Hopes tied to return for the third time
With the Lok Sabha elections 2024 over and Prime Minister Narendra Modi returning for the third consecutive term, over 1 crore central government employees are waiting for an update on the 8th Central Pay Commission. Mishra said that while inflation was around 4% to 7% earlier, it has increased to an average of 5.5% after Covid. Mishra said that post-Covid inflation is higher than pre-Covid levels. If we compare the retail prices of essential commodities and items needed for daily life from 2016 to 2023, they have increased by more than 80% according to the local market. Only about 46% of dearness allowance was given till 1/7/2023. It is currently at 50 percent.
Will this be the salary structure?
Mishra has recommended periodic review of the pay matrix instead of waiting for a decade. Now there is a need to change the pay commission in view of inflation. Mishra highlighted that while DA for government employees and pensioners reached 50% from January 1, 2024, no decision has been taken to restore pension under CCS (Pension) Rules, 1972 (now 2021) for those recruited after January 1, 2004. The salary structure of the 8th Pay Commission is also to be discussed.
