8TH PAY COMMISSION UPDATE: The demand for the 8th Pay Commission for more than 1 crore central government employees has intensified.
Employee organizations want the government to constitute the Eighth Pay Commission (8th CPC) soon so that their salaries, allowances, and pensions can be reviewed.
The Pay Commission is constituted every ten years. Therefore, it is necessary that the 8th Pay Commission will be implemented in the year 2026.
The basic salary of employees is likely to increase by 25 to 35 percent in the Eighth Pay Commission.
If this happens, the minimum basic salary of pensioners will be around Rs 26 thousand per month. The fitment factor is also expected to be increased from 2.57 to 3.68.
What is the Pay Commission
The Pay Commission is a body appointed by the government. It reviews the pay structure, allowances, and benefits of central government employees and recommends changes to them.
It proposes necessary adjustments keeping in mind external factors such as inflation. This commission meets every 10 years.
On 28 February 2014, then-Prime Minister Manmohan Singh constituted the 7th Pay Commission. The commission submitted its report to the government on 19 November 2015 and its recommendations were implemented from 1 January 2016.
When Will the 8th Pay Commission be Formed
In our country, the Pay Commission has been formed at an interval of every 10 years. It is estimated that the Eighth Pay Commission will be constituted by 1 January 2026.
However, no official announcement has been made by the Center yet. With the Modi government coming to power for the third time, the curiosity about the Eighth Pay Commission has increased among more than 1 crore central government employees.
Employees gave a new proposal
In a letter to the Cabinet Secretary, Shiv Gopal Mishra, Secretary, of the Joint Consultative Mechanism for Central Government Employees, has demanded the immediate formation of a new pay commission given the current economic conditions.
He said that government revenue has doubled since 2015. Tax collection has also increased. But, the salary of central government employees has been not implemented according to inflation.
Since the Corona epidemic, both the earnings of the government and inflation have increased significantly. Inflation has significantly dropped down the purchasing power of employees and pensioners.
Therefore, now the Eighth Pay Commission should be constituted as soon as possible and the salaries and allowances of the employees should be improved.
Mishra said that the number of central government employees has come down by about 10 lakh in the last decade.
This has increased the workload on the existing employees. The letter also requested periodic review of the pay matrix table. pensioners should not expected to wait for a full 10 years for this.