One of the big news being heard these days is a raise of 92% in the minimum salary of central government employees. A huge increase is being heard that the minimum salary of employees is going to be doubled to 8th Pay Commission.
Salary Increase to 34 Thousand 560 for Centre Employees
However, it is already being estimated that the basic pay of central government employees under the 8th Pay Commission will be increased, for instance, from 18,000 rupees to 34 thousand 560. There will be an increase of 92 percent in the salary. This is an increase to come out at the very least of it. Both employees and pensioners will benefit. Employees are eagerly waiting for the recommendations of the 8th Pay Commission (8th pay commission news today).
A Packet Increase in the Pension Too
It can be estimated that by applying 8th Pay Commission resolution, pension will also spiral up by 92 percent along with the basic salary. As per the 7th Pay Commission resolution, minimum basic pension for the employee has been kept at 9 thousand rupees. However, if the 8th Pay Commission recommendation is believed to be true, this would escalate to 17,280.
When tentative the 8th Pay Commission would be established
Those employees, on one side, are still waiting for the DA of January, while on the other side waiting eagerly for the announcement of the formation of the 8th Pay Commission. Ten years have passed since then from the formation of the 7th Commission. Generally, in history, so far, Pay Commission has been established at an interval of every 10 years. There are expectations from the Central government that something soon will be thought of concerning the same. As speculated, this year, the government might proclaim the 8th Pay Commission, but nothing is confirmed; there is no announcement made or, either.
The 7th Pay Commission had presented a report in 18 months.
Employees have submitted their demands to Finance Minister Nirmala Sitharaman in the pre-budget meeting held by the government on January 6. February 1 will see the Union Budget of 2025, where it will be expected that the announcement of 8th Pay Commission will be made. Then, it was 18 months for the report of the Commission to be finalized and it has already been 10 years since the 7th Pay Commission was established. So in all probability, things may find their echelon all set in place in 2026.
10 years would have been passed from the 7th Pay Commission
The Central Government on 28 February 2014 formed the 7th Central Pay Commission (7th pay commission), and its recommendations were made with effect from 2016. Ten years have passed since the formation of the commission. Normally, any Pay Commission is formed once in 10 years. It is, therefore, apropos that the 8th Pay Commission takes shape in 2025.