8th Pay Commission : The full budget for the year 2024 can be presented at the end of July. Before the budget, a month before the upcoming budget for the year 2024, the government has received a proposal to form the Eighth Pay Commission.
This proposal has been sent to the Modi government. So that the Pay Commission can review the basic salary, allowances, pension and other benefits for central government employees and pensioners.
Central Pay Commission is constituted in every 10 years
Shiv Gopal Mishra, Secretary, National Council (Staff Side, Joint Consultative Machinery for Central Government Employees) has written a letter to the Cabinet Secretary, urging the government to give priority to the formation of the 8th Pay Commission. A Central Pay Commission is constituted every ten years. It examines the existing salary structure, allowances and benefits of central government employees, suggests necessary changes based on factors such as inflation.
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Will the government form the 8th pay commission
The 7th Pay Commission was set up by former Prime Minister Manmohan Singh on February 28, 2014. Its recommendations came into effect from January 1, 2016. The 8th Central Pay Commission is proposed to begin from January 1, 2026, as per the usual ten-year interval. However, the government is yet to announce its formal setting up. With the Lok Sabha elections 2024 over and Prime Minister Narendra Modi returning for a third consecutive term, over 1 crore central government employees are waiting for an update on the 8th Central Pay Commission. Mishra said that while inflation was around 4% to 7% earlier, it has increased to an average of 5.5% after Covid.
There is a need for change in the pay commission
Mishra said that post-Covid inflation is higher than pre-Covid levels. If we compare the retail prices of essential commodities and items needed for daily life from 2016 to 2023, they have increased by more than 80% according to the local market. Only about 46% dearness allowance was given till 1/7/2023. It is currently at 50 percent.
Mishra has recommended periodic review of the pay matrix instead of waiting for a decade. Now there is a need to change the pay commission in view of inflation. Mishra highlighted that while DA for government employees and pensioners reached 50% from January 1, 2024, no decision has been taken to restore pension under CCS (Pension) Rules, 1972 (now 2021) for those recruited after January 1, 2004.
