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News India Live, Digital Desk: 8th Pay Commission: A news for millions of central employees and pensioners of the country is in discussion, which is directly related to their pockets and future. This is news 8th pay commission Formation of. This is the same commission that decides every 10 years how much the salary of government employees should increase according to time and inflation.
Why is the 8th Pay Commission discussion being discussed?
The last i.e. 7th Pay Commission came into force in the year 2016. Now the 10 -year cycle is about to be completed, and it is expected that the government can implement the recommendations of the 8th Pay Commission by 2026. Employees union is also constantly pressurizing the government for this.
How much can your salary increase? Understand the game of fitment factor
Pay Commission is the most magical thing in the commission ‘Fitment Factor’This is a number from which a new salary is fixed by multiplying your basic salary.
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In 7th Pay Commission: The fitment factor was 2.57. This reduced the minimum basic salary from ₹ 7,000 ₹ 18,000 Was done
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Demand in 8th Pay Commission: Employees union are demanding that this time increase the fitment factor 3.68 Let’s do.
If the government accepts this demand, then the minimum basic salary will bring a strong jump and it increases from ₹ 18,000 to directly. ₹ 26,000 Will be done! This will affect the salary of every level employee and the pension of pensioners.
But, the most important thing!
It is very important to remember that So far, the Government of India has not made any official announcement on the formation of the 8th Pay Commission. All these things are based on the news going on in the media, opinion of experts and demands of employee unions.
Millions of employees are waiting for the government’s decision with great hope. If the 8th Pay Commission is formed, it will definitely bring a big relief and good news for crores of people. It remains to be seen when and what decisions the government takes on it.
North India Statesman