8th Pay Commission: With the beginning of the new year, the central government has approved the 8th Pay Commission for central employees. After which the employees are eagerly waiting for its formation. It is expected that the Modi government may announce the names of the chairman and two members for its formation next month. At the same time, recommendations are likely to be presented by next year. If you are also a government employee, then this information is very important for you.
Decisions will be taken on fitment factors and allowances
Ever since the 8th Pay Commission was approved by the central government, discussions have intensified regarding the increase in the salary of employees and pension of pensioners under the fitment factor.
However, you have to keep in mind that the Pay Commission is not only bound to increase the salary and pension. Rather it evaluates all the facilities and allowances given to government employees. This commission can bring important changes for the employees.
The 7th Pay Commission had abolished these allowances
Let us tell you that the 7th Pay Commission was approved by Manmohan Singh during his tenure, and was implemented on 1 January 2016. During this period, the Pay Commission evaluated a total of 196 allowances, out of which only 95 allowances were approved to be included in the 7th Pay Commission, while 101 allowances were abolished.
Talking about the salary increase, the 7th Pay Commission had fixed a fitment factor of 2.57 for the increase in the salary of central employees. After this, the minimum salary increased from Rs 9000 per month to Rs 18,000 per month, while the maximum salary increased to Rs 2,25,000 per month. This commission brought significant changes in the salary structure of the employees.
8th Pay Commission may be formed next month
It is worth noting that the 8th Pay Commission is expected to be constituted next month i.e. in April. Along with this, the central government can also announce the names of the chairman of the commission and two other members.
After the formation of the Pay Commission, it will take about a year to prepare the report. During this time, the commission will talk to many prominent people including representatives of central employees, and prepare recommendations. This process ensures the credibility and transparency of the commission.