New Delhi: The Indian government is likely to announce a raise for its employees with effect from January 1, 2026, according to a statement made by All India Railwaymen Federation Secretary Gopal Mishra. This could serve as a matter of joy for government staffers at a time when the festive season in India is set to kick in.
Mishra said he was confident of the 8th Pay Commission’s rollout by next year, NDTV Profit reported. Any delay in the rollout may be compensated in the form of the payment of arrears, he added. Mishra said he has written to the Centre as a representative of the NC-JCM representing employees, requesting the rollout of the 8th Pay Commission which was last updated 10 years ago.
What does Centre have to say on 8th Pay Commission
The Finance Minister in her Budget speech clarified that as of now there was no proposal to constitute a Pay Commission. In his written reply to a question in Parliament, Union minister of state for finance Pankaj Chaudhary clarified that the government had received two requests related to constitution of the 8th pay commission. However, the government was not considering any proposal in this respect, the minister said in July 2024.
What is Pay Commission
The Centrw constitutes the Pay Commission, a body that is deputed with the job of calculating the periodic change in salaries and allowances of central government employees and retirees. The first Pay Commission was appointed in 1946. The last Pay Commission was set up in 2014.
To be sure, the Centre is not bound by the pay commission recommendations.
Expected hike under 8th Pay Commission
The 8th Pay Commission is expected to be constituted by January 2025. As stated above by Mishra, the commission’s recommendations may be implemented by January 20206. As per workers’ demand, the commission may recoemmend a doublign of the starting slaary to RS 34,560 from Rs 18,000 at present. The Pay Commission may may recommened a rise in minimum pension to over Rs 17,000, Money9 reported.
8th Pay Commission Update: The Centre is likely to announce the 8th pay commission hike soon. Check what’s the plan. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today