8th Pay Commission: Employees organizations are trying to put pressure on the government that the 8th Pay Commission should be constituted as soon as possible. However, till now the government has been clearly denying this. But, is there any hope for it next year?
8th Pay Commission: Central employees are waiting for dearness allowance. But what is even more awaited is whether the government will constitute the next pay commission for them? Or is something new going to happen this time? The demand for formation of a new pay commission has intensified. Employees organizations are trying to put pressure on the government that the 8th Pay Commission should be constituted as soon as possible. However, till now the government has been clearly denying this. But, is there any hope for it next year? Can the government constitute a pay commission next year? Let us know what is the indication…
You may get a gift next year
The minimum basic salary of central employees is revised only when the pay commission comes. But, Minister of State for Finance Pankaj Choudhary had made it clear during the Parliament session that the government has no idea yet regarding the formation of the next Pay Commission. The government is not even considering any such proposal. There is a need to do separate planning for revision in the salary of employees, the government is paying attention to that. There are speculations that the government may give gifts to the employees next year. There are two reasons for this.
First reason- dearness allowance will be 50 percent
With the formation of the Seventh Pay Commission, the government had changed the rules for revision of dearness allowance. When it reaches 50 percent, dearness allowance will be reduced to zero. After this, 50 percent DA will be added to the existing basic salary and the calculation of dearness allowance will start from zero. But, looking at the current indications, it seems that the dearness allowance of central employees will increase to 46 percent in October. After this, the next revision will be in January 2024 next year. But, its announcement will have to wait till March 2024. Looking at the trend of CPI-IW index, it seems that 50 percent DA will be implemented from January 2024. This means that after that it will be reduced to zero. In such a situation, the government will need to constitute a pay commission. Because, the possibility of change in salary structure occurs only after the formation of the Pay Commission.
Second reason- election connection
The demand of employee organizations is that the last time the Seventh Pay Commission was constituted in the year 2013. After that it took 3 years for the recommendations to be implemented. In such a situation, the government should consider its formation. The second hope is that there are Lok Sabha elections next year. It is possible that the government may announce the formation of the 8th Pay Commission before this. Because, if there is to be a salary revision then it will be required. However, there is also a possibility that the government may not increase the salary on the formula of fitment factor. Rather, some other formula should be implemented for salary increment. Also, instead of 10 years, a rule should be made for the formation of Pay Commission every year.
What is the intention of the government?
The government wants that employees should not have to wait for a long time of 10 years for salary revision. There should be revision in their salary every year based on their performance. This was recommended in the 7th Pay Commission itself. It was also suggested that there should be no need to set up a pay commission to increase the salary. Keeping this in mind, the government is planning something new. However, there is no information on what is being planned. At present, the government has also not spoken openly on this.
Will the new pay commission really be implemented?
If the information given by sources to Zee Business is considered correct, then the formation of the 8th Pay Commission can take place in the year 2024. But, it is also decided that this will not be considered the basis for salary revision. This would just be a way to complete the process. Many changes are possible in the 8th Pay Commission as compared to the 7th Pay Commission. In this, salary will not increase by any old formula. Rather, some new performance track record will be created, so that the salary of every employee is revised on the same lines. The name of the Pay Commission may also be new. There may be a recommendation to implement it every year instead of 10. A panel can be prepared for this.
Who will get the most benefit?
The gap of 10 years is very long for revision of salaries of central employees. This can be changed to 1 or 3 years. In this, salary revision of lower level employees can be done every year on performance basis. At the same time, revision of the highest paid employees can be done at an interval of 3 years. This will increase the chances of getting good revision in the salary of lower level employees. Right now there is a big difference between the two brackets.
