8th Pay Commission Approved: Relief news has come for crores of central employees and pensioners across the country. The central government has officially agreed to the formation of the 8th Central Pay Commission. This big update came to light during the monsoon session of Parliament when Rajya Sabha MP Sagarika Ghosh asked questions about the Pay Commission. In response to this, Minister of State for Finance Pankaj Chaudhary said that the government has taken a decision regarding the 8th Pay Commission and now suggestions are being sought from major stakeholders.
The government sought suggestions, notification will soon
Responding to the questions asked in the Rajya Sabha, Minister Pankaj Chaudhary said that so far, feedback has been taken from many important ministries and departments regarding the formation of the 8th Pay Commission. These include the Ministry of Defense, Ministry of Home Affairs, Department of Personnel and Training and various state governments. He also clarified that the notification will be formally issued at the appropriate time. Also, the Commission will have to give recommendations within the time limit under the prescribed Terms of Reference.
Pay Commission is constituted every ten years
In India, the Pay Commission is usually constituted every ten years so that the salaries and allowances of government employees and pensioners can be improved according to inflation, lifestyle, and economic changes. At present, the recommendations of the 7th Pay Commission are in force, which is valid till December 2025. Taking this sequence forward, the government announced the 8th Pay Commission in January this year.
Full hope of implementation by 2026
According to sources, if everything happens within the stipulated time, the recommendations of the 8th Pay Commission can be implemented by mid-2026. Changes in the fitment factor are possible in the commission’s proposal, which can lead to a big increase in the salary. If this happens, then lakhs of employees can see a tremendous increase in their salaries.
All eyes are now on the next announcement of the government
The indications received from the government regarding the formation of the commission make it clear that the process has started. Now the eyes of the employees are fixed on the official notification and the recommendations of the Commission.