A major decision on the 8th Pay Commission is expected soon, with employee unions pushing for a higher fitment factor that could significantly raise government salaries, though implementation may take time
8th Pay Commission Update
8th Pay Commission: There is an important update regarding the 8th Pay Commission, and a major decision is expected soon. Reports suggest that a key announcement related to the new pay commission could be made soon. which has raised hopes among central government employees.
The salary hike under the 8th Pay Commission will mainly depend on the fitment factor. Many employees are eager to know how much this factor will be and how it will affect their revised pay.
The unions have demanded that the fitment factor should be locked between 2.86 and 3.25. If the government accepts a fitment factor of 3.25, the salaries of government employees will see a substantial rise.
For instance, the minimum basic salary, which is now ₹18,000, will go up to ₹58,500. During the 7th Pay Commission, the fitment factor was 2.57. This raised the basic pay from ₹7,000 to ₹18,000. The higher the fitment factor, the higher the raise in basic pay.
The unions have demanded that the fitment factor should be locked between 2.86 and 3.25. If the government accepts a fitment factor of 3.25, the salaries of government employees will see a substantial rise.
For instance, the minimum basic salary, which is now ₹18,000, will go up to ₹58,500. During the 7th Pay Commission, the fitment factor was 2.57. This raised the basic pay from ₹7,000 to ₹18,000. The higher the fitment factor, the higher the raise in basic pay.
The final salary revision under the 8th Pay Commission will fully depend on the fitment factor decided by the government. Once it is approved, employees will have a clearer picture of how much their pay will increase.
