There is big news for central employees. As the year begins, good news has been received from the Central Government. Prime Minister Narendra Modi has approved the 8th Pay Commission. The tenure of the 7th Pay Commission will be till 2026. But, after that the 8th Pay Commission will be constituted. This demand of the central employees has been fulfilled at a time when it was feared repeatedly that the 8th Pay Commission would not come. It was already believed that the formation of the 8th Pay Commission would be approved only after the tenure of the 7th Pay Commission is over. A new pay commission will be formed and pay revision will also take place. However, there is no deadline as to when it will be implemented.
Due to the continuously increasing pressure from the labor union, the government has made them happy. A decision has been taken on the formation of the next pay commission. Prime Minister Modi has approved it. Till now there was doubt regarding the 8th Pay Commission. Now after the 7th Pay Commission, preparations are being made for the next Pay Commission. The government has also confirmed this.
There will be a huge jump in the salaries of central employees
If sources are to be believed, there will be the biggest increase in salary. It can definitely be said that the matter is progressing. Sources also say that it is too early to say what will come in the new pay commission and what will not. Because, its entire responsibility will be of the Chairman of the Pay Commission. The chairman of the new pay commission can also be announced in the year 2026. A committee will be formed under his supervision and after that the picture can be clear as to which formula should be adopted to increase the salary.
The formation of the 8th Pay Commission has been approved. Now it will be formed before the year 2026. After the tenure of the 7th Pay Commission is over, its recommendations will be implemented. According to experts, if this happens then there is a possibility of a huge jump in the salaries of central employees. Many changes are possible in the 8th Pay Commission as compared to the 7th Pay Commission. There may be some changes regarding fitment factor also. Let us tell you, till now the government constitutes the Pay Commission once in 10 years.
How much will the salary increase?
There is going to be a lottery for employees in the 8th Pay Commission as compared to the 7th Pay Commission. If everything goes well then the biggest jump in the salaries of the employees is expected. The fitment factor of employees will increase to 3.68 times. Also, whatever be the formula, the basic salary of the employees may increase by 44.44%.
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