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Home FINANCE New Proposal: 8th Pay Commission may be formed this year, Know everything

New Proposal: 8th Pay Commission may be formed this year, Know everything

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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 pension.

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 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 government-appointed body that reviews the pay structure, allowances and benefits of central government employees and recommends changes in them. It proposes necessary adjustments considering external factors such as inflation. The commission meets every 10 years. The 7th Pay Commission was constituted by the then Prime Minister Manmohan Singh on 28 February 2014. The commission submitted its report to the government on 19 November 2015 and its recommendations were implemented from 1 January 2016.

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When will the 8th Pay Commission be formed?

The Pay Commission has been formed in our country at an interval of 10 years. It is estimated that the Eighth Pay Commission will be formed 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.

Shiv Gopal Mishra, Secretary of Joint Consultative Machinery for Central Government Employees, in a letter written to the Cabinet Secretary, has demanded immediate formation of a new pay commission in view of 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. 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 periodic review of the pay matrix. One should not wait for a full 10 years for this.

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