8th Pay Commission: The government has approved the Eighth Pay Commission before the budget is presented on February 1, 2025. A committee will be formed soon for this. This was being demanded by the central employees’ organizations for a long time. Just a few days ago, a meeting of central trade unions was held with Finance Minister Nirmala Sitharaman. In this, ten central trade unions along with Bharatiya Mazdoor Sangh had demanded from the Finance Minister to implement the 8th Pay Commission soon.
These are the expectations regarding the 8th Pay Commission
People have many expectations regarding the 8th Pay Commission. Bharatiya Mazdoor Sangh demanded immediate start of wage negotiations in public sector undertakings (PSUs) and increasing the exemption for income tax to Rs 10 lakh. In the demand of labor organizations, apart from the formation of 8th Pay Commission, there was talk of increasing the minimum pension under EPFO by five times and collecting more tax from super rich people. Along with this, a demand was also made to restore the old pension scheme (OPS) for government employees.
SB Yadav, General Secretary of Confederation of Central Government Employees and Workers, had also written a letter to PM Modi demanding the formation of the Eighth Pay Commission. He said that the salaries of central employees were last revised on January 1, 2016. After this inflation has increased. In such a situation, there should be an increase in the salary and pension of the employees and pensioners for a better life.
This demand was also placed before the Finance Minister
National General Secretary of Trade Union Co-ordination Center (TUCC) SP Tiwari demanded to stop the initiative of privatization of government companies and also demanded to fix the minimum wage of workers working in the agricultural sector.
Salary can increase by this much
It is expected that the fitment factor will increase. The employee unions are advocating for a fitment factor of at least 2.86 as against the current 2.57 as per the 7th Pay Commission. If it is approved, then the salaries of central government employees can increase by about 186 percent. Let us tell you that in the 7th Pay Commission, the minimum salary of central employees was increased from Rs 7000 to Rs 18 thousand.
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8th Pay Commission: Government employees got a big gift, Cabinet approved the formation of 8th Pay Commission
