8th Pay Commission: The Modi government at the centre can soon decide to form the 8th Pay Commission for employees and pensioners.
They have been demanding an increase in the fitment factor for a long time. According to the rules, the 8th Pay Commission was to be formed in 2024, but it could not happen. The government can create the 8th Pay Commission in early 2025 if media reports are believed.
After its review, a decision can be taken to implement it in 2026. If this happens, a bumper increase in the salary of central employees is considered inevitable. The government has not said anything officially, but such a claim is being made in media reports.
Demand to increase the fitment factor
According to the news of NDTV Profit, the discussion of increasing the fitment factor is going on rapidly. It is being said that the government is considering it. If the fitment factor has been increased, then a bumper increase in salary is considered inevitable. The fitment factor can be changed every ten years, after which employee pay can be increased.
How much will the salary be?
The 7th Pay Commission had recommended the implementation of a fitment factor of 2.57. This led to an increase in the minimum basic salary of central employees.
The wages of employees were increased from Rs 7,000 to Rs 17,990. Now, if the 8th Pay Commission recommends 2.86 as the fitment factor, then the minimum salary of employees will increase from Rs 17,990 to Rs 51,451.