Govt employees are eagerly waiting for the formation of the 8th pay commission. During this period, inflation has increased two to three times. In such a situation, government employees have been demanding the implementation of the 8th Pay Commission for a long time. At present, government employees get the 7th pay scale, in which the basic salary of the employees is Rs 18000. Earlier, there was a 6th pay scale, and the basic salary of the employees was 7 thousand rupees. In such a situation, you can understand that whenever the 8th pay scale is implemented, there will be a significant increase in the salary of the employees.
There may be an increase of 186%
If everything goes well, then the central government can announce the 8th pay scale in this budget. After this, the basic salary of government employees will increase by 186 percent. Along with this, the pension of pensioners will also increase significantly.
Minimum wages and pensions under the 8th Pay Commission
Shiv Gopal Mishra, secretary of the National Council of Joint Consultative Machinery (JCM), has said that he expects a fitment factor of at least 2.86. This is 29 basis points (bps) higher than the 2.57 fitment factor under the 7th Pay Commission.
If the government approves a fitment factor of 2.86, the minimum pay of government employees will increase by 186 percent to Rs 51,480 from the current Rs 18,000.
When will the 8th Pay Commission be constituted?
According to media reports, the 8th Pay Commission may be announced in the next budget, 2025–26. However, the employees and their unions had raised this demand in the last budget 2024-25 as well. The unions have discussed the issue several times with the Cabinet Secretary and the Finance Ministry. However, no official date has been announced for the formation of the new pay commission.
The Pay Commission is formed in 10 years
The last pay commission was constituted in February 2014 and was implemented in January 2016. Usually, a pay commission is constituted once every 10 years. The purpose of the Pay Commission is to revise the salaries and pensions of government employees and pensioners. However, this process imposes a huge financial burden on the government. For instance, the 7th Pay Commission had put a burden of ₹1.02 lakh crore on the exchequer in FY17. There are more than one crore central government employees and pensioners in India.