A big news has come for around 50 lakh employees and 65 lakh pensioners of the central government. Until now, employees were hoping that the minimum basic salary of ₹18,000 would increase to ₹51,000. But according to a new report, the increase in basic salary may be very small. After the 8th Pay Commission is implemented, the salary of employees may go up by an average of 13%. Earlier, it was expected that the basic salary would increase three times. But this new report may break the hopes of many employees. However, this benefit is not coming soon, as its implementation is not likely before the end of 2026 or the beginning of 2027.
Minimum Salary May Increase to ₹30,000, Not ₹51,000
A new update has come for 50 lakh central government employees and 65 lakh pensioners. Earlier, people expected that the minimum salary would increase from ₹18,000 to ₹51,000. But a new report says the salary may increase only to ₹30,000. According to Kotak Institutional Equities, the fitment factor in the 8th Pay Commission could be 1.8. This means the new salary will be 1.8 times the current salary. The average increase may be only 13%, not 3 times as expected. This may disappoint many employees.
When Will the 8th Pay Commission Be Implemented?
The 8th Pay Commission was announced in January 2025, but the full plan is not ready yet. The government has not fixed the Terms of Reference, and the members of the commission are not selected. It may take 1.5 years for the report and then 3 to 9 months for approval. This means the new pay may start at the end of 2026 or early 2027. The cost of this pay hike will be around ₹2.4 to ₹3.2 lakh crore for the government. Grade C employees will get the biggest benefit. The Finance Ministry has started work and asked for suggestions from other departments. Like the 7th Pay Commission (in 2016), this new one is expected to bring changes in salary and pension after 10 years.