8th Pay Commission: The central government has recently announced the formation of the 8th Pay Commission in January, after which the possibility of change in the salary of government employees has increased. After this announcement, discussions have started on how much the salary of central employees will increase. This news can bring great relief to lakhs of government employees.
According to many media reports, the National Council-Joint Consultative Mechanism (JCM-NC) has demanded to increase the fitment factor to at least 2.57 or more. The same fitment factor was implemented under the Seventh Pay Commission. JCM-NC Secretary Shiv Gopal Mishra said that this fitment factor should be 2.57 or more. This fitment factor can bring a huge increase in the salary of the employees.
Salary hike up to 157%
The fitment factor is a system for determining the salary of government employees. If the fitment factor of 2.57 is implemented in the 8th Pay Commission, then the salary of the employees can increase by about 157%. For example, if the current basic salary of an employee is Rs 18,000 per month, it will increase to Rs 46,260 per month. Along with this, the minimum pension will also increase from Rs 9,000 to Rs 23,130 per month. This will be a big financial relief for the employees.
What was the fitment factor in the Seventh Pay Commission
Let us tell you that the Seventh Pay Commission was implemented on January 1, 2016. During this, a fitment factor of 2.57 was implemented, which increased the basic salary of central employees from 7 thousand to 18 thousand rupees.
In such a situation, if a fitment factor of 2.86 is also implemented during the Eighth Pay Commission, the basic salary will increase from 18,000 to Rs 46,260. But former Finance Secretary Subhash Garg called it difficult and said that a fitment factor of 1.92 could be more practical. This would be a balanced approach for both employees and the government.
JCM-NC demands such a fitment factor
JCM-NC Secretary Shiv Gopal Mishra says that the fitment factor in the 8th Pay Commission should be 2.57 or more. The old standards are no longer relevant. He also said that the 7th Pay Commission had adopted the principles of the Indian Labour Conference (ILC) of 1957 and Dr. Aykroyd’s minimum living wage, but now these standards have changed. New standards are needed keeping in mind today’s digital age and expenses like internet, mobile, insurance, and investment. This is necessary to improve the standard of living of employees.