8th Pay Commission Latest News: Central Government Employees to Get Salary Increase
The central government has announced great news for its employees and pensioners. The government is planning to set up the Eighth Pay Commission, and it is believed that the salary of central employees may increase by more than 44 percent. The government is also planning to bring a lot of changes in this pay commission as compared to the old commission.
Eighth Pay Commission to Be Formed
The government is soon going to set up the Eighth Pay Commission. The salary of central employees may increase by more than 44 percent next year. The salary should be reviewed on any other formula other than the Fitment Factor.
Bumper Increase in Salary
Under the Eighth Pay Commission, the fitment factor may be 3.68 times, after which the salary of the employees may increase by 44.44 percent. The minimum salary of the employees can directly increase from Rs 18,000 to Rs 26,000.
Salary May Increase by Rs 26,000
If the government sets up the Eighth Pay Commission on the old scale, then the fitment factor will be kept on the basis of it. On this basis, the fitment of the employees can be done 3.68 times. On this basis, there can be an increase of 44.44 percent in the minimum salary of the employees. With this, the minimum salary of the employees can be Rs 26,000.
Implementation of 8th Pay Commission
At present, no proposal of any kind has been presented by the Central Government regarding the Eighth Pay Commission. However, sources believe that the government can introduce the Eighth Pay Commission in the year 2024 and implement it in the year 2026. Experts assume that general elections are to be held in the country, so the government can give a big gift to the employees soon.
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Sorted points by DelhiBreakings.com team.
👉 There will be a bumper increase in salary for central government employees and pensioners.
👉 The government is soon going to set up the Eighth Pay Commission.
👉 Salary of central employees can increase by more than 44 percent next year.
👉 Fitment Factor may be 3.68 times which can increase salary by 44.44 percent.
👉 Minimum salary of employees can directly increase from Rs 18,000 to Rs 26,000.
👉 No proposal presented by Central Government regarding the Eighth Pay Commission.
👉 Experts assume that the government can introduce the Eighth Pay Commission in the year 2024.
👉 The Pay Commission can also be formed in the year 2024.
👉 The government can give a big gift to the employees soon due to upcoming general elections.
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