8th pay commission: Friends, if you or there is a government employee in your family, then this news is very important for you! Government soon Eighth pay commission Can announce the formation of. Its preparation is going on loudly. It is being told that how the commission will work, the work of making terms of references and work orders is almost going to be completed. And the biggest thing, this time the increase in salary will be largely Fitment factor Will depend on. If sources are to be believed, this fitment factor 1.90 to 1.95 Can be between If this happens, there can be a significant increase in the salary of the employees!
You will remember that in January this year, the government announced the formation of the Eighth Pay Commission. The process of selecting its president and members is still going on. Since then, various things are being done about the fitment factor (on the basis of which salary is fixed). Some staff organizations and officials believe that this time it 2.86 will be. He says that the government will make a lot of change in the fitment factor in view of increasing inflation.
After all, how does this fitment factor work?
Actually, the fitment factor is the magical number on the basis of which your basic salary (basic salary) increases.
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Understand from the example: Suppose an employee has a basic salary of ₹ 20,000. If the fitment factor is 2.86, ₹ 20,000 will be multiplied by 2.86. Accordingly, the basic salary can increase to ₹ 57,200.
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But there is a screw: Sources say that this time the fitment factor will remain less than 2.0. Government 1.90 to 1.95 The fitment factor can apply.
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New formula?: It is also being heard that this time the government can bring a separate formula to adjust the dearness allowance by keeping the fitment factor low.
How much salary was increased in previous pay commissions?
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Sixth Pay Commission (2006): Fitment factor in it 1.86 Was. After its implementation, almost in the basic salary 54% There was a tremendous increase.
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Seventh Pay Commission (2016): Fitment factor in it 2.57% Was, but the real increase in salary only 14.2% It was only This happened because most of the fitment of the Seventh Pay Commission had gone to adjust the dearness allowance.
8th Pay Commission: It may take time to apply
The Central Government had announced the formation of the eighth pay commission in January, but it has not been completely formed so far. In such a situation, there is every possibility that the eighth pay commission recommendations year By 2027 Be apply.
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Why will the delay be delayed?: Previous records suggest that when the Pay Commission is formed, it takes 18 to 26 months to come to its final report.
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The Sixth Pay Commission report came in about 18 months.
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The formation of the Seventh Pay Commission was approved on 24 September 2013, while its report came on 19 November 2015 (about 26 months).
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Therefore, due to the delay in the formation of the Eighth Pay Commission, it is clear that it may take time for its report to come.
So overall, there is good news for government employees, but you may have to wait a little more to get the benefit. Everyone’s eyes are now on the Fitment Factor and the next steps of the government!
