• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

8th Pay Commission To Potentially Increase Salaries By 25-30 Pc And Pensions Proportionately

OMMCOM NEWS by OMMCOM NEWS
January 17, 2025
in Nation
8th Pay Commission

New Delhi: The 8th Pay Commission, when implemented, will potentially increase salaries of Central government employees by 25-30 per cent and pensions proportionately, industry experts said on Friday.

Since the last pay hike came into effect from January 1, 2016, the next salary should be revised from January 1, 2026 as the hike in salary of Central government staff takes place after 10 years.

The 8th Pay Commission is pivotal in addressing evolving economic realities and ensuring government salaries and pensions remain competitive.

The move is expected to benefit around 50 lakh Central government employees, including defence personnel, along with more than 65 lakh pensioners, according to officials.

Historically, the 7th Pay Commission introduced a fitment factor of 2.57, leading to an average salary hike of 23.55 per cent and aligning pensions with the ‘One Rank, One Pension’ scheme. Before that, the 6th Pay Commission applied a factor of 1.86.

“For the 8th Pay Commission, a fitment factor between 2.6 and 2.85 is speculated, potentially increasing salaries by 25-30 per cent and pensions proportionately,” said Neeti Sharma, CEO, TeamLease Digital.

The basic minimum is expected to rise beyond Rs 40,000, along with perks, allowances and performance pay.

“Such revisions are crucial to counter inflation, rising living costs, and the widening gap between public and private sector remuneration. Beyond financial benefits, the revised pay scales will also enhance disposable incomes, stimulating consumption and contributing positively to the economy,” Sharma informed.

Periodic revisions reflect the government’s commitment to a fair and equitable system that values its workforce and ensures they are financially empowered.

The Cabinet on Thursday approved the formation of the 8th Pay Commission, which will take up the issue of increasing salaries of Central government employees and payments to pensioners.

Since 1947, seven pay commissions have been formed. The 7th Pay Commission came into effect in 2016. Its tenure will conclude in 2026.

By deciding to form the 8th Pay Commission in 2025, we have sufficient time to receive recommendations well before the completion of the period of 7th Pay Commission, according to the government.

The process will involve wide consultations with state governments, the Central government, PSUs and different stakeholders. A chairman and two members will also soon be appointed for the commission.

(IANS)

Tags: 8th Pay CommissionCentral GovernmentNew Delhi
ShareTweetSendSharePinShareSend
Previous Post

U19 Women’s T20 WC Causing A Big Jump In Number Of Female Coaches, Says Pradhan

Next Post

Indian Stock Market Ends Lower After 3-Day Gains, Nifty Below 23,250

Related Posts

Arrested
Nation

Chhattisgarh: Five Maoists Arrested With Explosives In Sukma

August 1, 2025
Railway Stations
Nation

Centre Brings 73 Major Railway Stations Under Special Action Plan To Handle Festive Rush

August 1, 2025
Indian Army
Nation

Indian Army Inks Rs 223 Crore Deal For Nextgen Tank Transporter Trailers

August 1, 2025
Tej Pratap
Nation

‘People Will Decide’: Tej Pratap Evasive On Mahagathbandhan Vs NDA In Bihar

August 1, 2025
IPS Sonali Mishra
Nation

IPS Sonali Mishra Becomes First Woman DG Of Railway Protection Force

August 1, 2025
Anil Ambani
Nation

LOC Issued Against Anil Ambani In Rs 17,000 Crore Loan Fraud Probe

August 1, 2025
Next Post
Indian Stock Market

Indian Stock Market Ends Lower After 3-Day Gains, Nifty Below 23,250

Israel PM Netanyahu

Israel PM Netanyahu Chairs Crucial Cabinet Meet To Greenlight Gaza Hostage Deal

Jitendra Singh

Congress Ignored Ambedkar's Legacy, Gave Credit To One Family, Says Jitendra Singh

khimji
TPCODL
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.