The Union Cabinet on Janaury 16, 2025 approved the implementation of the 8th Pay Commission to revise salaries of nearly 50 lakh central government employees and allowances of 65 lakh pensioners. The 8th Pay Commission will not only lead to increased salaries of Central government employees but also have revised Dearness Allowance (DA).
Since 1947, seven Pay Commissions have been constituted, with the last one constituted in 2014 and implemented on January 1, 2016. The 7th pay commission saw an expenditure increase of Rs 1 lakh crore for fiscal 2016-17.
8th Pay Commission is a Pay Commission, set up by the government of India, decides the salary and compensation of Central government staffers and allowances of pensioners. The 8th Pay Commission will recommend revisions in the salary and pension structure of the beneficiaries, resulting in a hike in the remuneration and allowances.
There are over 49 lakh central government employees and nearly 65 lakh pensioners, news agency PTI reported.
As the 7th Pay Commission’s term concludes in December 2025, initiating the process now ensures sufficient time to receive and review recommendations before its completion, Vaishnaw said. He further said the setting up of the new Pay Commission in 2025 will ensure that its recommendations are received well before the completion of the term of the seventh pay pane
8th Pay Commission Implementation Date: The Centre has confirmed that over 50 lakh employees and 69 lakh pensioners will come under the 8th Central Pay Commission, but decisions on its implementation and funding will be taken later, the Finance Ministry told Lok Sabha.
The 8th CPC - expected to bring a 20-25 per cent salary hike - may help improve the financial well-being of government employees, but it may also raise concerns about the potential impact on wage disparity. This raises the question: how can India balance equity considerations with fiscal discipline?
The Union Cabinet has approved the Terms of Reference for the 8th Central Pay Commission, paving the way for a major salary revision for Central government employees and pensioners.
Justice Ranjana Prakash Desai, 8th Pay Commission head: Former Supreme Court judge Ranjana Prakash Desai will head 8th Pay Commission Panel after Union Cabinet on Tuesday approved terms of reference of the commission, which will recommend changes in the salaries and other benefits of central government employees.
The Union government has approved the setting up of the 8th Pay Commission, and its Chairman and members will be appointed soon. What is the Pay Commission? Also, learn about inflation in beyond the nugget.
8th Pay Commission Benefits for Government Employees, Pensioners: Since 1947, seven Pay Commissions have been constituted, with the last one constituted in 2014 and implemented on January 1, 2016.
When 13-year-old Sridevi and newbie Rajinikanth were completely starstruck by Kamal Haasan
Entertainment2 hr ago
Sridevi and Rajinikanth looked up to Kamal Haasan in the early stages of their careers, with both making their debuts alongside him in Moondru Mudichu and Apoorva Raagangal, respectively. The film played a crucial role in establishing Rajinikanth as an actor and inspired both stars to chase fame and fortune like Kamal. Sridevi and Rajinikanth collaborated with Kamal Haasan in numerous films.
