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This approval is expected to impact nearly 50 lakh central government employees, including defence personnel, as well as 65 lakh pensioners.
What is the 8th Central Pay Commission?
The 8th Pay Commission is a committee established by the Government of India to review the salaries, allowances, and financial benefits of central government employees.
This commission will assess the current economic conditions, taking into account inflation, economic growth, and other relevant factors.
Typically, the Pay Commission is set up every 10 years, and the 8th Pay Commission’s recommendations are expected to be implemented by 2026.
Who will benefit from the 8th Pay Commission?
The recommendations of the 8th Pay Commission are set to benefit several groups:
50 lakh central government employees: This includes employees across various ministries, departments, and central public sector undertakings (PSUs).
Defence personnel: The armed forces personnel, including army, navy, and air force members, will also see a boost in their pay and allowances.
65 lakh pensioners: Government pensioners, including those who retired from various departments, will benefit from the new pay structure.
4 lakh employees in Delhi: Government employees in Delhi will see an increase in their salaries as well.
What will the recommendations include?
The Pay Commission’s recommendations may cover a wide range of areas, including:
- Salary revisions
- Allowances and benefits
- Pension revisions
How will the pay commission impact the economy?
The 7th Pay Commission, which was implemented in 2016, led to a ₹1 lakh crore increase in salary and pension payouts in its first year.
With the implementation of the 8th Pay Commission’s recommendations, the impact is expected to be similar, resulting in a surge in purchasing power among employees and pensioners.
First Published: Jan 16, 2025 4:42 PM IST
