News India Live, Digital Desk: Salary Increase: There is a big relief news for more than 36 lakh employees and pensioners of the central government. After a long wait, preparations for the formation of the Eighth Pay Commission have intensified. If sources are to be believed, the official formation of this commission can be announced by the end of May 2025.
The government has given in -principle approval to the formation of this commission, but the formal announcement and appointment of the team is yet to be appointed. Finance Minister Nirmala Sitharaman has already indicated that necessary steps will be taken soon in this direction. It is expected that the Commission will submit its recommendations by January 2026, so that it can be implemented at the same time.
Experts will join the commission According to the tradition of the Old Pay Commissions, the Chairman of the Eighth Pay Commission will usually be retired Supreme Court Judge or Senior Bureaucrats. Apart from this, economists, pension and government finance experts, and administrative officers will also be included in the commission. These experts will suggest on important issues like salary, pension, dearness allowance, and fitment factor.
Possible increase by 40-50% It is believed that the new Commission may recommend an increase in the basic salary of employees from 40% to 50%. The new fitment factor for this increase can be determined from 2.28 to 2.86. If the highest fitment factor (2.86) is applied, then the total salary of an employee with a basic salary of ₹ 20,000 can currently reach ₹ 46,600 to ₹ 57,200.
Former commissions also made a big increase So far, every pay commission has made a significant increase in the salary of employees. Starting from ₹ 2,750 in the fifth commission, the basic salary to the seventh commission increased to ₹ 18,000, which is a total increase of 554%. A similar significant increase is also expected from the Eighth Commission.
3.68 fitment factor demand Some staff organizations are demanding to increase the fitment factor to 3.68. If this happens, the new salary of an employee with a basic salary of ₹ 30,000 will reach ₹ 1,10,400, which will be the biggest increase in history so far.
Why the 8th Pay Commission is needed?
- The purchasing power of employees has declined due to inflation.
- In view of the cost of living of employees, salary amendment has become necessary.
- The term of the Seventh Pay Commission is ending in January 2026, so the formation of a new commission is necessary on time.
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