Saturday, April 27, 2024

The biggest update on the next pay commission, what will the government do?

Update on 8th Pay Commission: At present, about 68 lakh central employees and 52 lakh pensioners are getting the benefits of salary under the 7th Pay Commission. The dearness allowance of employees is increased twice a year in January and July, this is their biggest advantage. The next DA hike (due in January) is expected in March 2023. But in the future, the Modi government can bring a new formula to increase the salary of the employees.

Government does not agree to bring a new pay commission

In 2016, the then Finance Minister Arun Jaitley, while speaking on the 8th Pay Commission At present, about 68 lakh central employees and 52 lakh pensioners are getting the benefit of salary under the 7th Pay Commission., had said that apart from the Pay Commission, there should be a new scale to increase the salary of the employees. Sources claim that the Finance Ministry has also not agreed to bring a new pay commission for the employees. The government is going to make such a system, which will increase the salary of the employees on the basis of their performance-linked increment.

The reasoning of the employees – difficult to survive on the current salary increase,

If sources are to be believed, the government is also working in this direction. Work is being done on such a system, in which the salary will be automatically revised if the DA is more than 50 percent. For this, an ‘automatic pay revision system’ can also be made. Employees argue that given the current inflation rate, it will be difficult for them to survive with the salary hike recommendations from 2016.

With the implementation of the new system, the minimum salary of central employees with a pay scale of 1 to 5 can be 21 thousand. By changing the trend of Pay Commission, this time the new formula can be implemented in 2024. Apart from this, there are reports of increasing the fitment factor of central employees in some media reports. If the fitment factor is increased by the government, increasing the financial burden could be a problem.

Read More: 7th Pay Commission Big news New rules issued regarding Provident Fund, employees will get the benefit

🔥🔥 Join Our Group For All Information And Update, Also Follow me For Latest Information🔥🔥
🔥 YouTube                  Click Here
🔥 Facebook Page                  Click Here
🔥 Instagram                  Click Here
🔥 Telegram Channel                   Click Here
🔥 Google News                  Click Here
🔥 Twitter                  Click Here
spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Latest

Major update on the 8th Pay Commission! this will increase for central employees

Workers nationwide are anticipating the release of the eighth pay commission. The central employees can receive excellent news from the central government. The government...

Central Employees will get this much money from government as Diwali bonus

The central government employees have received the best holiday news of the year. For the fiscal year 2022–2023, the government has awarded Diwali bonuses...

The salaries of central employees will rise in September by 27,000!

Soon, central employees will learn some wonderful news. The government will shortly enhance the employees' salaries. In September, the government may announce an increase...

Central Employees to get salary & pension in advance! know the details

The gift of dearness allowance is provided to central employees twice a year. The central personnel recently received some excellent news from the state...

DA of central employees will be 50 percent on this day! know the details

Every six months, central government employees receive excellent news regarding the dearness allowance. Beginning on July 1, the new dearness allowance for central staff...

Most Popular

Subscribe

* indicates required