Budget 2025: As the Union Budget 2025 is approaching, speculations about the 8th Pay Commission are increasing. Central employee organizations have earlier also raised the demand for a new pay commission. Employees had also raised the demand for 8th Pay Commission in the previous budget
Budget 2025: As the Union Budget 2025 is approaching, speculations about the 8th Pay Commission are increasing. Central employee organizations have previously raised the demand for a new pay commission. Employees had also raised the demand for 8th Pay Commission in the last budget. However, the Finance Ministry had made it clear that at present there is no plan to constitute the 8th Pay Commission. Now the question arises whether it will be announced in the budget to be presented on 1 February 2025?
Budget 2025: Expectations on 8th Pay Commission
The Finance Ministry may have denied the formation of the 8th Pay Commission, but central employees are keeping an eye on any update from Finance Minister Nirmala Sitharaman in the upcoming budget. Union Budget 2025-26 will be presented in the country on 1 February 2025. Finance Minister Sitharaman held a meeting with trade unions on Monday, 6 January. This meeting is part of the general pre-budget talks, but the 8th Pay Commission is also likely to be discussed in it.
Employees are demanding the 8th Pay Commission
On 12 December last month, the Central Employees Federation wrote a letter to Prime Minister Narendra Modi demanding the formation of a new Pay Commission. The Federation had said in its letter that due to the increase in inflation rate and the fall in the value of rupee, it has become necessary that the 8th Central Pay Commission be formed without any delay.
Finance Ministry’s stand
On 3 December last month, the Finance Ministry had said in the Rajya Sabha that the government currently has no proposal to form the 8th Pay Commission. In response to a question in the Rajya Sabha, the Ministry said that no proposal of the Central Government to form the 8th Central Pay Commission for employees is currently under consideration of the government.
7th Pay Commission is currently applicable in the country
At present, the recommendations of the 7th Pay Commission are applicable. The 7th Pay Commission was constituted in the country in 2014 and implemented in 2016. Traditionally, a new pay commission is constituted every 10 years, but there is no legal obligation to do so.
8th Pay Commission: There will be a salary hike
Although the government has not announced any plans to form the 8th Pay Commission, discussions are going on among the employees regarding salary hike. According to reports, salary revision can be linked to inflation instead of a new commission. Also, if the government approves the fitment factor of 2.86, the minimum salary of employees can increase from ₹ 18,000 to ₹ 51,480, which will be an increase of 186%. However, this is only speculation and there has been no official statement from the government on this.
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