8th Pay Commission: Union Minister Ashwini Vaishnav announced that the 8th Pay Commission will be constituted. Based on the fitment factor, the minimum basic salary may increase from Rs 18,000 to Rs 51,480.
8th Pay Commission: The Union Cabinet led by Prime Minister Narendra Modi took a big decision on Thursday. Union Minister Ashwini Vaishnav announced that the 8th Pay Commission will be constituted. The purpose of this commission is to revise the salaries, pensions and allowances of central government employees and pensioners. This announcement has been made a few days before Budget 2025.
What is the 8th Pay Commission?
This commission will make recommendations for changes in the salary, dearness allowance (DA) and pension of central government employees and retirees. Allowances will also be added to it according to inflation.
How much will the salary increase?
The government has not yet given any official percentage of salary increase. But, according to reports, the minimum basic salary can increase from Rs 18,000 to Rs 51,480 based on the fitment factor.
What is the fitment factor?
It is a multiplier, on the basis of which salary and pension are calculated. It includes factors like inflation, economic condition of the government and the needs of the employees.
Who will get the benefit?
- About 50 lakh central government employees (including defense personnel).
- About 65 lakh pensioners (including defense retirees).
When will the 8th Pay Commission be implemented?
According to reports, this commission will be constituted by 2026 and its recommendations are expected to be implemented from January 1, 2026.
What is the work of the Pay Commission?
This commission, which is constituted every 10 years, reviews the salaries, allowances, pensions and bonuses of government employees. It makes recommendations keeping in mind inflation, economic conditions and the state of the government treasury.
There have been 7 pay commissions before
Since 1946, 7 pay commissions have been formed. The recommendations of the 7th pay commission (implemented in 2016) are still being implemented. This new step of the Modi government will take the cycle of 10 years forward.
This news has brought a big relief to government employees and pensioners. Now it remains to be seen what impact the recommendations of the commission have on the pocket of the common man.