weather_iconDublin | 7.21 °C | AQI 17
Thursday, 28 November, 2024

---Advertisement---

Business

8th Pay Commission: Why It Is The Talk Of The Town & Will Central Govt Employees Get A 186% Pay Hike?

Central government employees currently receive a minimum basic pay of Rs 18,000 per month under the 7th Pay Commission framework. This marks a substantial increase from the Rs 7,000 minimum pay specified in the 6th Pay Commission.

8th Pay Commission

The 8th Pay Commission has been a topic of widespread discussion and speculation for some time. As the 7th Pay Commission comes to an end, expectations are high for the formation of the new Pay Commission. So far, the government has maintained silence on the formation of the new Pay Commission. However, Central government employees are eagerly waiting for an official announcement. 

Several media reports indicate that the government might declare the formation of the 8th Pay Commission in the upcoming 2025-26 Union Budget. It is worth noting that the Confederation of Central Government Employees and Workers has adopted a cautious approach, choosing to maintain a “wait and watch” stance on the new Pay Commission issue.

---Advertisement---

8th Pay Commission: Will Central Govt Employees Get A 186% Pay Hike?

It’s premature to speculate about a salary hike for central government employees at this point. However, Shiv Gopal Mishra, Secretary of the National Council of Joint Consultative Machinery recently said that the next Pay Commission may announce a fitment factor of “at least 2.86”. Central government employees may see their minimum salary skyrocket by 186% to Rs 51,480 from the current Rs 18,000, if the government greenlights the proposed 2.86 fitment factor. Additionally, with the same fitment factor, the minimum pension for these employees is expected to increase significantly from Rs 9,000 to Rs 25,740.

Central government employees currently receive a minimum basic pay of Rs 18,000 per month under the 7th Pay Commission framework. This marks a substantial increase from the Rs 7,000 minimum pay specified in the 6th Pay Commission.

---Advertisement---

Moreover, aside from salary and pension revisions, the government may revise the dearness allowance (DA) and dearness relief (DR) and other benefits to align with the new basic salary structure.

ALSO READ: 8th Pay Commission: What Central Govt Employees And Pensioners Can Expect In 2026?

HISTORY

Written By

Akshat Mittal


Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

Related Story

Live News

---Advertisement---


live

IPL Retention 2025: CSK Retain Dhoni As ‘Uncapped Player’, Kohli Retained For Rs 21 Cr

Oct 31, 2024
  • 17:52 (IST) 31 Oct 2024

    IPL Player Retention: MS Dhoni is back in action for CSK!

  • 17:51 (IST) 31 Oct 2024

    IPL Player Retention: Official retentions for Sunrisers Hyderabad.

  • 17:50 (IST) 31 Oct 2024

    IPL Player Retention: No Shreyas Iyer for KKR

N24 Shorts Logo

SHORTS

Samajwadi Party MP Zia Ur Rehman Barq
India

Sambhal Violence: Samajwadi Party MP Hits Back, Says ‘Police Mentioned My Name In Report To Hide Truth’

The Samajwadi Party MP has accused the administration of attempting to cover up their negligence by implicating his name.

View All Shorts

---Advertisement---

Trending