7th Pay Commission latest news today: According to sources, the period of 7th Pay Commission is now ending. Soon a new pay commission will be formed for them and salary revision will also be done.
7th Pay Commission latest news today: Good news is coming for central employees. After the Lok Sabha elections, approval may be given to constitute a new pay commission (8th pay commission) for central employees. Recently, the government had approved a 4 percent increase in the Dearness Allowance (DA) of employees. Now dearness allowance to employees has reached 50 percent. But, the government has not yet discussed the formation of a new pay commission. But, it is expected that this year the government can give them a huge gift. According to sources, the period of 7th Pay Commission is now ending. Soon a new pay commission will be formed for them and salary revision will also be done. If sources are to be believed, the file is being prepared amid the continuously increasing demands of the employee union. However, there is no deadline for when this will be implemented. At the same time, no formal information has been given by the government on this. If this happens then it will be really good news for the employees.
There is no new formula, only Pay Commission will come!
After continuous increase of 4 percent in dearness allowance, now it is the turn of salary revision. Due to the increasing pressure from the labor union, the government can please them. It is being told that the government can take a decision on the formation of the next pay commission after the Lok Sabha elections. Till now the discussion was that the 8th Pay Commission will not come. But, now it is expected that after the 7th Pay Commission, preparations are being made for the next Pay Commission. However, no confirmation has been given yet by the government. But, sources say that the government may consider the next pay commission after the continuous demands of the employees.
There will be a huge jump in salary
If sources are to be believed, if the 8th Pay Commission comes, then there will be the biggest increase in salary. It can definitely be said that the matter is moving forward. Sources also say that it is too early to say what will come in the new pay commission and what will not. Because, its entire responsibility will be of the Chairman of the Pay Commission. After the general elections in the year 2024, the chairman of the new pay commission may also be announced. A committee will be formed under his supervision and after that the picture can be clear as to which formula should be used to increase the salary.
When can the 8th Pay Commission come?
If sources are to be believed, the 8th Pay Commission should be constituted in the year 2024. At the same time, it can be implemented within one and a half years. According to experts, if this happens, there is expected to be a huge jump in the salaries of central employees. Many changes are possible in the 8th Pay Commission as compared to the 7th Pay Commission. There may be some changes regarding fitment factor also. Let us tell you, till now the government constitutes the pay commission once in 10 years.
How much will the salary increase?
There is going to be a lottery for employees in the 8th Pay Commission as compared to the 7th Pay Commission. If everything goes well then the biggest jump in the salaries of the employees is expected. The fitment factor of employees will increase to 3.68 times. Also, whatever the formula, there can be an increase of 44.44% in the basic salary of the employees.
