A big update is here regarding the 8th Pay Commission. The central government kicked off the 8th Central Pay Commission back in January, and ever since, central employees and pensioners have been eagerly waiting to find out when it will officially start and what benefits they can expect. In a recent interview, Manoj Goel, the Expenditure Secretary of the Finance Ministry, shared some exciting news.
He says, the 8th Pay Commission could be set up by April. This move is expected to benefit around 50 lakh central government employees and about 65 lakh pensioners.
Manoj Goel also mentioned that he anticipates an increase in capital expenditure, with early signs already showing. When asked about the financial implications, he clarified that the Pay Commission won’t have any financial impact in the upcoming financial year. After it’s formed, there will be a delay before the report is submitted and processed by the government, so no expenses are expected until the financial year starting in April 2026.
In a recent Rajya Sabha session, Union Minister of State for Finance Pankaj Choudhary confirmed that the government has approved the commission’s formation and that decisions on related matters will be made soon.
As for salary increases, central employees and pensioners are hopeful that the Fitment Factor might rise to between 1.92 and 2.08. This factor is crucial as it helps adjust salaries and pensions based on the Pay Commission’s recommendations. If it does increase to that range, the minimum salary for central employees could jump from Rs 18,000 to anywhere between Rs 34,560 and Rs 37,440.
