Politics and Government Politics and Government
Tue, December 17, 2024

8th Pay Commission: Is the 186% salary hike of central government employees on hold? Know here


Published on 2024-12-17 12:41:03 - MSN
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  • As the salary hike discussion is gaining momentum, the possibility of the 8th Pay Commission has become a matter of great curiosity and discussion among government employees. More than 1 crore central government employees and pensioners are eagerly waiting for the update on their salary package revision.

The article discusses the potential implementation of the 8th Pay Commission for central government employees in India. It highlights that while there has been speculation about an 18% salary hike, the government has not yet made any official announcements regarding the formation or the specifics of the 8th Pay Commission. The current 7th Pay Commission's recommendations are still in effect, with the next commission expected around 2026. The article also mentions that any decision on salary hikes would need to consider the fiscal health of the country, inflation rates, and economic conditions. It notes that the government typically forms a new Pay Commission every ten years to revise the pay structure, allowances, and pensions of its employees, but as of now, no concrete steps have been taken towards the 8th Pay Commission.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/politics/government/8th-pay-commission-is-the-186-salary-hike-of-central-government-employees-on-hold-know-here/ar-AA1w2hI0 ]
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