Monday, October 3, 2022

Government Decision: 8th Pay Commission will come or not? Modi government made it clear

Minister of State for Finance Pankaj Choudhary was asked whether the government is contemplating to implement the 8th Pay Commission to revise the pay, allowances, and pension of central government employees and pensioners. On this he refused.

Discussion is going on for a long time regarding the 8th Pay Commission (8th Pay Commission). Media reports keep coming about him every day, but there was doubt about whether it would be implemented or not. But now a new update has come from the Modi government in this regard. In this, the government has made it clear that the Eighth Pay Commission is not going to come.

According to media reports, no such claim from the central government
Said to be baseless, including the salary of central employees and pensioners, it is being said to bring the 8th Central Pay Commission for revision of allowances and pension. Union Minister of State for Finance, Pankaj Choudhary, in a written reply to a question in Parliament, said that no such proposal is under consideration with the government.

According to media reports, the minister
Pankaj Choudhary of Finance State was questioned whether it is true that the government is implementing the 8th Pay Commission to revise the salary, allowances, and pension of Central Government employees and pensioners. is considering. On this, it was said by the government that it is not going to come.

This formula can be used
The Union Minister of State for Finance said that it has been suggested that the Pay Matrix should be revised from time to time and for this there is no need for the next Pay Commission. In such a situation, it can be reviewed and amended on the basis of the Acroyd formula, which can make changes keeping in mind the prices of the goods needed by the common man.

Read More: PFRDA: Excellent News for Seniors! According to the government’s plan, “Guaranteed return” will be offered under NPS.

DA will increase
It was expected that at the beginning of August, in view of rising inflation, central government employees and pensioners can increase DA (Dearness Allowance) and DR (Dearness Relief) by 4 percent. However, a decision has not been taken on this yet. If the government increases DA, then there will be a huge increase in the salary of central employees.

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