8th Pay Commission: How much will salary of govt employees go up by? Details
8th Pay Commission: When the 8th Pay Commission is put into effect, federal government employees' salary could increase by as much as ₹19,000 per month. The wage modification will therefore benefit about 65 lakh retirees and 50 lakh central government employees. The government-appointed Pay Commission examines and suggests changes to salaries, pensions, and benefits for central government workers and retirees nationwide, often every ten years, taking inflation, living expenses, and economic conditions into account.
The budgetary allocations may also have an impact on the anticipated pay increase. According to the research, the anticipated pay increase for a mid-level government employee making ₹1 lakh before taxes might be as follows:
1. Budgetary allotment of ₹1.75 lakh crore: The monthly pay could rise to ₹1,14,600.
2. The budgetary allocation of ₹2 lakh crore: The monthly compensation might rise to ₹1,16,700.
3. Budgetary allotment of ₹2.25 lakh crore: The monthly pay could rise to ₹1,18,800.
According to the article, the panel may be established in April 2025, and its suggestions might be implemented by 2026 or 2027.