8th Pay Commission: Big news is coming out for the central government employees. The 8th Pay Commission has been approved. According to a report by Goldman Sachs, after the implementation of the 8th Pay Commission, their monthly salary is expected to increase from Rs 14,000 to Rs 19,000. According to the report, the 8th Pay Commission will likely be constituted in April 2025, and its recommendations may be implemented in 2026 or 2027.
According to media reports, if the 8th Pay Commission is implemented, the salary of central employees will increase. Also, this increase will benefit about 50 lakh employees and 65 lakh pensioners.
How much can the salary increase?
The average monthly salary of central government employees is Rs 1 lakh. If the 8th Pay Commission recommendations are implemented, this salary can increase by 14-19%.
If the government allocates Rs 1.75 lakh crore, the monthly salary will increase to Rs 14,600.
If the government spends Rs 2 lakh crore, the monthly salary will increase to Rs 16,700.
If the government keeps a budget of Rs 2.25 lakh crore, the monthly salary will increase by Rs 18,800.
How many people will benefit?
More than 50 lakh employees will get the benefit.
More than 65 lakh pensioners will also benefit from the pension increase.
When will the 8th Pay Commission be implemented?
No official announcement has been made yet regarding the 8th Pay Commission. According to media reports, the 8th Pay Commission can start from April 2025. At the same time, the decisions, reviews and suggestions taken by the 8th Pay Commission can be implemented from January 2026.