8th Pay Commission: Govt Officially Responds To Question Regarding Terms Of Reference; Acknowledges That...
The 7th CPC was announced in September 2013 and its chairman and ToR were notified in February 2014. However, since the announcement of the 8th Pay Commission on January 16, 2025, the ToR of the Commission are still pending, causing a lot of anxiety among central government employees. The Ministry of Finance has in a written reply to Rajya Sabha, responded to questions regarding the ToR. Read On. https://zeenews.india.com/photos/business/8th-pay-commission-govt-officially-responds-to-question-regarding-terms-of-reference-acknowledges-that-2936056 Updated:Jul 24, 2025, 09:53 AM IST 8th Pay Commission: Govt Responds On ToR
1 / 9
Amidst heightened anticipation around the setting up of pay panel under the 8th Pay Commission, Terms Of Reference (ToR) and appointment of chairman and member, the government has officially responded on ToR in Parliament. 8th Pay Commission: Question On ToR
2 / 9
Member of Parliament, Bhubaneswar Kalita had asked the government if the latter has received suggestions regarding setting up the terms of reference. 8th Pay Commission: ToR Suggestion By NC-JCM And Govt Consideration
3 / 9
Kalita asked: (a) whether Government has received any suggestion from the National Council of Joint Consultative Machinery (NC-JCM) for framing the terms of reference for Eighth Central Pay Commission, if so, the main suggestions of the council;
(b) whether these suggestions are being considered by Government;
(c) whether Government is planning to involve all stakeholders in the Commission; and
(d) if so, the details thereof, if not, the reasons therefor? 8th Pay Commission: Finance Ministry Acknowledges Receiving Suggestion On ToR
4 / 9
Minister Of State In The Ministry Of Finance Pankaj Chaudhary responded saying that it has received suggestions from the National Council of Joint Consultative Machinery (NC-JCM), as part of the stakeholder consultation. Chaudhary added that Inputs have been sought from major stakeholders, including Ministry of Defence, Ministry of Home Affairs, Department of Personnel & Training and from States. Terms of Reference for 8th CPC forwarded by Secretary Staff Side NC(JCM)
5 / 9
To examine the existing structure of pay, Allowances and other benefits /facilities, retirement benefits like pension / gratuity and other terminals benefits etc. to the following categories of employees:-
1. Central Government employees-industrial and non-industrial. 2. Personnel belonging to All India services. 3. Personnel belonging to the Defence Forces and Para Military Forces. 4. Personnel called as Grameen Dak Sewaks belonging to the Postal Department. 5. Personnel of Union Territories. 6. Officers and employees of the Indian Audit and Accounts Department. 7. Officers and employees of the Supreme Court. 8. Members of Regulatory bodies (excluding RBI) set up under Act of Parliament. 9. Employees of Central Government Autonomous Bodies and Institutions. 8th Pay Commission: Suggestion For merger of non-viable Pay scales
6 / 9
Suggestions were also received that the 8 CPC should consider the merger of non-viable Pay scales such as Level with Level — 2 and Level — 3 with Level — 4 and Level — 5 with Level — 6. Staff Side NC(JCM) also suggested govt to settle the various 7th CPC Anomalies which the Staff Side raised in the Anomaly Committee meetings and JCM meetings, among major ToR demands. 8th Pay Commission: 3rd extension for 8th CPC Posts
7 / 9
Meanwhile, DoPT has decided to extend the last date for submission of applications till 31.07.2025. This is the third extension that DoPT has proposed, thus possibly meaning that the applications from eligible candidates for these key posts in the pay panel has yet not been received yet. 8th Pay Commission: 4 posts of Under Secretary to be filled
8 / 9
Earlier it DoPT had proposed to fill up the 4 posts of Under Secretary (Level 11) in the 8th Central Pay Commission (CPC) on deputation basis under the Central Staffing Scheme under D/o Expenditure. The applications were invited for the post vide circular of even number dated 22.04.2025. 8th Pay Commission: Delay causing widespread speculation and uncertainty
9 / 9
According to the Staff Side, the continued delay in the formal issuance of the ToRs has led to widespread speculation and uncertainty among central government employees and pensioners. It further stated that in the absence of clear and timely communication, apprehensions are growing among employees about the credibility of the announcement regarding the setting up of the 8th CPC. Many fear whether this move is a genuine administrative initiative or otherwise.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
2 hours ago
- India.com
8th Pay Commission: Salary of govt teachers and professors set to rise by…, here's how to calculate it
8th pay commission update 8th Pay Commission: Government employees are expected to see a major salary hike once the 8th Pay Commission is implemented. For government teachers, too, the new pay structure will bring a huge increase. While there's no official confirmation yet on exactly how much salaries will rise but media reports have been using their own formulas to estimate the hike. Brokerage firms and other experts have shared their expectations based on the likely 'fitment factor,' which determines the salary increase. 8th Pay Commission: Salary As Per Fitment Factor Government teachers and professors will also benefit from this hike. The fitment factor plays a key role in calculating the revised salary. This time, it could range between 1.83 and 2.46. If the fitment factor is 1.83, salaries could rise by about 14%. If it is 2.15, the increase could be around 34%. Kotak Institutional Equities estimates the fitment factor to be 1.8, which would mean a 13% salary hike. What Is Fitment Factor? The fitment factor is the number by which your current basic salary is multiplied to calculate the new basic pay. For example, if the fitment factor is 1.8, your basic salary will be multiplied by 1.8. However, when a new Pay Commission is implemented, Dearness Allowance (DA) is reset to zero. For example, in the previous Pay Commission, the fitment factor was 2.57. If your basic pay was Rs 10,000, multiplying it by 2.57 would give you Rs 25,700. But with DA reset to zero, the actual increase in take-home pay was relatively smaller. To estimate your revised pay after the 8th Pay Commission, multiply your current basic salary by the projected fitment factor.
India.com
12 hours ago
- India.com
Managers One-Line Reply To Employee Seeking Leave Winning Hearts Online --Check Viral Message
New Delhi: An employee's viral post on how her boss approved her leave request, advising her to enjoy her trip and avoid undue stress, is winning hearts online. The employee has praised her manager for portraying the true value of work-life balance, while netizens are praising the employer for his heartfelt response in granting the leave. LinkedIn Post Goes Viral Sharing a post on LinkedIn, Kanika Raina said when she requested leave, her boss approved it without fuss and that was the time when she realised that her office was the right place to be. "My boss approved my leave with just one line: 'Enjoy your trip to the fullest. Don't take unnecessary stress.' That's when I realised I'm in the right place," she wrote. (ALSO READ: 7th Pay Commission DA Update) Raina expressed her sincere gratitude to her manager for making work-life balance a reality. "We often talk about work-life balance, but few leaders truly make it a reality. Thank you, Saurabh Gupta sir, for being that rare kind of leader who genuinely walks the talk when it comes to creating balance," she said. Raina said that she felt grateful to be a part of a supportive and helpful work culture. "Grateful to be part of a culture that doesn't just say 'We've got your back' but actually means it," she said. (ALSO READ: 8th Pay Commission TOR, Chairman Appointment) According to Raina, workplaces with supportive managers and leaders will always earn the loyalty and trust of their employees and have a lasting impact. "To all managers and leaders out there, this is how you earn loyalty, build trust, and create lasting impact," she said. Netizens react on Linkedin Post The post shared by Raina resonated with social media users with many praising the manager for a refreshing attitude and empathy towards employees. One user commented, "Wow, this is what every employee deserves and dreams of from their employer." Another user said, "The bittersweet part about this is realising how much we've normalised seeking approval for things that should already be ours—like time to rest and recharge.' One user said, "The point here is that the bar is too low. Isn't that supposed to be an ideal reply from your colleague. I get where you are coming from…even I would be amazed if my manager replies back with safe travels/ enjoy your trip instead of just writing approved….so yeahh I get the overwhelming response on this." "Wow…wish I can work in such mentorship.I will deliver more with confidence and relax mind set," said one user.
Economic Times
13 hours ago
- Economic Times
Is the rally over in long-duration bonds?
After delivering stellar returns over the past 12–15 months, India's long-duration government securities may have reached the fag end of their rally, according to Axis Mutual Fund's Acumen report dated July 31, 2025. ADVERTISEMENT The sharp gains were driven by falling yields and narrowing spreads, aided by macroeconomic easing, fiscal discipline, and favourable demand-supply dynamics. Macro slowdown and policy easing – Slowing GDP growth in 2024 prompted the Reserve Bank of India (RBI) to front-load rate cuts, culminating in a surprise 50 bps cut in June 2025 alongside a 100 bps CRR reduction. – Slowing GDP growth in 2024 prompted the Reserve Bank of India (RBI) to front-load rate cuts, culminating in a surprise 50 bps cut in June 2025 alongside a 100 bps CRR reduction. Fiscal consolidation – The fiscal deficit fell from 9% at the COVID peak to 4.4%, with stable borrowing levels boosting market confidence. – The fiscal deficit fell from 9% at the COVID peak to 4.4%, with stable borrowing levels boosting market confidence. Tactical demand-supply tailwinds – RBI's Rs 5 lakh crore in OMO purchases and US$22 billion of FPI inflows—especially after JP Morgan's index inclusion—spurred demand for long bonds. The report argues that these catalysts are losing steam. The RBI has shifted to a neutral stance, leaving room for at most one or two small rate cuts. Fiscal consolidation is likely to plateau due to slower growth, the upcoming 8th Pay Commission, and potential declines in RBI dividends. On the demand side, OMO purchases have paused, liquidity is already in surplus, and FPI flows have turned negative over the past four MF highlights that in FY26, gross long-bond supply is expected to far exceed demand. Regulatory changes—such as revised Held-to-Maturity limits for banks, higher equity limits for NPS, and restrictions on FPI investments beyond 14 years—are further reducing appetite for long-duration paper. ADVERTISEMENT Long-bond spreads over 10-year G-Secs have already widened by 54 bps in the current cycle, close to levels seen at the end of previous rate-cut cycles. The report also notes that 30-year G-Sec yields rarely fall below 6.75%, suggesting limited scope for further price gains. Unlock 500+ Stock Recos on App ADVERTISEMENT According to Axis MF, 'the primary concern for long-duration bonds is no longer about spreads or yield levels—it lies in the deteriorating demand-supply dynamics.' Unless there's a major growth shock triggering aggressive rate cuts, or renewed foreign interest from Bloomberg index inclusion, the scope for a further rally appears limited. The fund house advises real-money investors with long-term liabilities to consider long bonds only if they can stomach short-term volatility. For most others, the steepening yield curve makes 2–5-year corporate bonds a more attractive risk-reward bet. Tactical opportunities in long bonds may still offer 10–15 bps of upside, but these are likely to be short-lived. ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
