Latest news with #8th


News18
10 hours ago
- Business
- News18
8th Pay Commission: Centre Expedites Process, But Salary Hike May Be Lower Than Expected
The Central government is speeding up the 8th Pay Commission process, consulting key stakeholders. But a new report dashes employees' hopes for a higher revision of salary. 8th Pay Commission Update: After an unexpected delay in the constitution of the 8th Pay Commission since the announcement in January 2025, the Central government has geared up to expedite the process by taking consultations with key stakeholders including states, the Ministry of Defence, the Ministry of Home Affairs, and the Department of Personnel and Training, as informed by the Finance Ministry in the Parliament on Monday. However, a new report has dashed the employees' hopes for a higher revision of salary, stating a lower salary hike in the upcoming 8th Pay Commission than the 7th Pay Commission. Over 1 crore central government employees and pensioners have long been awaiting the update on the 8th Pay Commission since the announcement. The next pay revision is expected to become effective from January 2026. Minister of State for Finance Pankaj Chaudhary in a written reply to the Lok Sabha said inputs have been sought from major stakeholders. He added that the chairperson and members of the 8th CPC will be appointed once the commission is formally notified by the government. Every 10 year the government revises the basic salary of its employees and pensions of pensioners in align with the rising cost of living and other expenses. In the moment of delight with the process of the constitution of the 8th pay commission is moving forward after a delay, a report dashes their high hopes of expecting a sharp salary hike. A Financial report citing Kotak Institutional Equities states that employees may receive a lower salary hike of 13 per cent under the upcoming 8th Pay Commission as compared to a salary hike of 14.3 per cent offered under the 7th Pay Commission. The report added that the fitment factor could be fixed at 1.8 for the upcoming 8th Pay Commission, in comparison to 2.57 per cent during the 7th Pay Commission. This means the total salary hike on the basic pay would be lower than the previous one. The fitment factor is a multiplier used by the government to revise the basic salary of employees when a new Pay Commission is implemented. It helps determine the new pay by applying the factor to the existing basic salary. For example, if an employee's current basic salary is Rs 18,000 and the fitment factor is 2.0 (just for example), the revised basic salary would be Rs 32,400 (Rs 18,000 × 1.8). This does not include allowances like HRA or DA, which are calculated separately and increase overall take-home pay further. The dearness allowance (DA), currently at 55%, will be reset to zero once the new pay structure is implemented. The FE report said that while a jump in basic pay appears substantial on paper, the real hike will depend heavily on how the new DA structure is phased in after the reset. Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.


India.com
13 hours ago
- Business
- India.com
8th Pay Commission: 7th CPC Pay Hike Was Lowest Since 1970, 8th CPC Salary Hike To Be Even Lower? Reports Hint At...
photoDetails english 2935494 Updated:Jul 23, 2025, 08:56 AM IST 8th Pay Commission Expected Salary Hike 1 / 10 The 8th Pay Commission is expected to recommend a subtle salary and pension hike for central government employees, which could be lower than the pay hike announced under the 7th Pay Commission. According to a report by Kotak Institutional Equities, central government employees may receive an effective salary hike of 13% vis-a-vis pay hike of 14.3 percent under 7th Pay Commission. The 7th Pay Commission (January 2016 - December 2025) had implemented a modest salary hike, which was lowest since 1970. 8th Pay Commission: Expected Fitment Factor 2 / 10 The fitment factor could be set at 1.8 percent under 8th Pay Commission, lower than the 2.7 perecent fitment factor announced under the 7th Pay Commission. Although the 1.8 fitment factor translates into 80% hike in basic pay (current basic pay multiplied by 1.8% fitment factor, the effective hike could go up by only 13% because the dearness allowance (DA) --which is currently at 55 percent --will be reset to zero once the new pay structure is implemented under the 8th Pay Commission. 8th Pay Commission: FinMin Response In Lok Sabha 3 / 10 The Finance Ministry recently responded to questions pertaining to 8th Central Pay Commission (CPC) in Lok Sabha. The response by Minister of State in the Ministry of Finance Pankaj Chaudhary on July 21, 2025 touched upon the questions posed by Members of Parliament, TR Baalu and Anand Bhadauria, regarding updates on formation of the pay panel; appointment of Chairperson and other members; Terms of Reference; and implementation of new pay scales. Constitution And Timeline Of 8th Pay Commission 4 / 10 On Constitution of 8th Pay Commission Minister of State in the Ministry of Finance Pankaj Chaudhary replied Lok Sabha: It has been decided by the government to constitute the 8th Central Pay Commission (CPC). Inputs have been sought from major stakeholders, including Ministry of Defence, Ministry of Home Affairs, Department of Personnel & Training and from states. On timeline of members, chairperson appointment she said: The chairperson and members of the 8th CPC would be appointed once the 8th CPC is notified by the Government. 8th Pay Commission Implementation 5 / 10 On implementation of 8th Pay Commission Chaudhary said: Implementation would be taken up once the recommendations are made by the 8th CPC and are accepted by the government. 8th Pay Commission For Salary Pension, Allowance Revision 6 / 10 The 8th Pay Commission will revise the pensions, allowances and salaries of central government employees and pensioners. It will also revise the Dearness Allowance as per inflation. The 8th Pay Commission benefits about 50 lakh central government employees, including defence personnel. It will also benefit around 65 lakh central government pensioners, including defence retirees. 8th Pay Commission: January 2026 Implementation Prospects Bleak 7 / 10 The prospects for the Commission's implementation on January 1, 2026, appear bleak. While the tenure of the 7th Pay Commission ends on 31 December 2025 and the constitution of the new Commission is in limbo, the central government employees and pensioners are increasingly becoming anxious. 8th Pay Commission Tor Delay Causes Anxiety 8 / 10 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. ToR, Chairman Appointment: 7th Pay Commission Vs 8th Pay Commission Timeline Compared 9 / 10 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. The government has also not officially announced the appointment of the chairman and other members of the commission. This indicates a delay in the formation of the 8th CPC. Pay Commission In Every 10 Years 10 / 10 The Central Pay Commissions are normally established once every ten years to review and recommend changes to pay scales, allowances and benefits for central government employees. Implemented in 2016, the 7th Pay Commission will remain in effect till 2026. More than one crore central government employees and pensioners are looking forward to the formation of the 8th Pay Commission, which will revise their basic pay, allowances and pension.


The Hindu
a day ago
- Politics
- The Hindu
Jagdeep Dhankhar always defended farmers, was enthusiastic about judicial reforms
Unlike his predecessors, Jagdeep Dhankhar, in his three years as Vice-President of India, courted controversies for the statements he made inside and outside Parliament. While he took a different stand from the government on farmers' protests, he was vehement about corruption in the judiciary. He gave philosophical warnings to the government in a veiled manner against being audacious with people, but was more vocal than many of the Ministers on issues such as Sanatana Dharma and insertion of the words secularism and socialism in the Constitution. One of his first speeches as Vice-President on judicial accountability was made in December 2022 at the 8th Dr. L.M. Singhvi Memorial Lecture on 'Universal Adult Franchise: Translating India's Political Transformation Into A Social Transformation'. Citing a Supreme Court verdict that repealed the National Judicial Appointments Commission (NJAC), Mr. Dhankhar, in the presence of then Chief Justice D.Y. Chandrachud, said: 'Please find out a parallel in the world where a Constitutional provision can be undone. Our Indian Constitution provides in explicit terms Art 145 (3). Interpretation of the Constitution when a substantial question of law is involved can be done by the court. Nowhere does it say that a provision can be run down,' he said, adding, 'I am startled that after this verdict, there was no whispering in the Parliament. It was taken as such. This is too serious an issue'. LIVE: Vice-President Dhankhar resigns Later, when the Opposition criticised him for such a speech, Mr. Dhankhar said in Rajya Sabha that Parliament is eminently positioned to take affirmative steps to bring out congeniality amongst wings of governance. 'Delegitimising the Judiciary is beyond my contemplation. It is a pillar of democracy. I would urge and expect leaders across the political spectrum to bear in mind not to subject high Constitutional offices to partisan stances,' the Chairman of Rajya Sabha said. Jagdeep Dhankhar resigns as Vice-President: why is it unprecedented? On another occasion, he proposed a revisit to the K. Veeraswami Judgement — the 1991 Supreme Court judgement that dealt with the issue whether the Prevention of Corruption Act is applicable to higher court judges. Terming the 1991 judgement a 'judicial legerdemain', Mr. Dhankhar said the genesis of the problem of corruption in the judiciary is the K. Veeraswami case judgement. 'Time for us now to change. And I have full trust and confidence in the present Supreme Court, which is of eminent people, people of integrity. In a short time, the present Chief Justice has shown that things are soothing for people at large,' Mr. Dhankhar said, citing the example ofthe Supreme Court's actions on the issue of recovering cash from a Delhi High Court judge's official residence. Mr. Dhankhar reminded the MPs that the Constitution has given privileges to MPs, but this privilege is not unqualified. 'This privilege comes with very heavy responsibility and that responsibility is that every word spoken in the parliament must be after due thought, after due consideration. It can't be based on unverified situations. House cannot be made a wrestling ground of free fall of information,' Mr. Dhankhar had said. Warning against arrogance in public life Very recently, addressing the inaugural programme for the eighth batch of participants of the Rajya Sabha Internship Programme (RSIP), Mr. Dhakhar warned against arrogance in public life. 'We must be resilient. We must believe in our point of view. But we must also have respect for the other point of view. If we believe in our point of view and think, 'I am the only one who is right, and everyone else is wrong' — that is not democracy. That is not our culture. That is ego. That is arrogance. We must control our ego. We must control our arrogance. We must try to understand why the other person holds a different point of view — that is our culture. What has India historically been known for? Discourse, dialogue, debate, deliberation. These days, we do not see all this happening in Parliament,' he said. Championing farmers' rights Since December 2024, he has made several speeches in defence of the rights of farmers. At a function in Mumbai, in the presence of Union Agriculture Minister Shivraj Singh Chouhan, he urged the Centre to talk to farmers who were protesting at the borders of Punjab and Haryana. 'Agriculture Minister Sir, every moment is critical for you. I urge you, and as the person holding the second-highest constitutional position in India, I request you to please tell me, was any promise made to the farmer, and why has it not been fulfilled? What are we doing to fulfil the promise? There was an agitation last year, and there is one this year as well, and time is passing, but we are doing nothing,' he said. Mr. Dhankhar had asked Mr. Chouhan to consider the dialogue with the farmers as a challenge, which should not be considered any less than the unity of India. 'We cannot fight with our own people; we cannot put them in this situation where they are left to fight on their own. We cannot hold the ideology that their struggle will be limited, and they will eventually tire out. We should not disturb the soul of India; we should not hurt its heart. Can we create a boundary between the farmer and the government? Those whom we need to embrace cannot be pushed away,' Mr. Dhankhar said. On the demand for statutory Minimum Support Price (MSP), the Vice President said he fails to understand why a formula cannot be worked out in consultation with economists and think tanks that will reward the farmers. 'Whatever price we give to the farmer, the nation will benefit five times over; there is no doubt about it. I have heard people say inflation will rise. I will say one simple thing. Wheat makes bread, and the disparity is immense! Milk makes ice cream, and again, the disparity is immense. Who are those people who say that if we give our farmers a fair price for their produce, I do not understand why that would cause a disaster,' he said. Sanatana debate The Vice President had also joined the debate on Sanatana, which was started by DMK leader Udayanidhi Stalin. The Vice President said we are one of the oldest civilisations. 'Ironically and painfully, in this country, reference to sanatan, reference to Hindu, evokes baffling reaction beyond comprehension rather than understanding the depth of these words, their deep meaning, people tend to be in reaction mode, at a drop of a hat... Can ignorance be more in extremity? Can the enormity of their lapse be countenanced? These are souls that have misguided themselves, driven by a dangerous ecosystem that is a threat not only to the society but to themselves,' he said.


India.com
a day ago
- Business
- India.com
8th Pay Commission: From TOR, Chairman Appointment To Implementation Date --Heres What Finance Ministry Has Said
photoDetails english 2935060 Updated:Jul 22, 2025, 10:08 AM IST 8th Pay Commission: FinMin Response In Lok Sabha 1 / 10 The Finance Ministry has responded to questions pertaining to 8th Central Pay Commission (CPC) in Lok Sabha. The response by Minister of State in the Ministry of Finance Pankaj Chaudhary on July 21, 2025 touched upon the questions posed by Members of Parliament, TR Baalu and Anand Bhadauria, regarding updates on formation of the pay panel; appointment of Chairperson and other members; Terms of Reference; and implementation of new pay scales. Constitution Of 8th Pay Commission 2 / 10 On Constitution of 8th Pay Commission Minister of State in the Ministry of Finance Pankaj Chaudhary replied Lok Sabha: It has been decided by the government to constitute the 8th Central Pay Commission (CPC). Inputs have been sought from major stakeholders, including Ministry of Defence, Ministry of Home Affairs, Department of Personnel & Training and from states. 8th Pay Commission: Timeline Of Members, Chairperson Appointment 3 / 10 On timeline of members, chairperson appointment she said: The chairperson and members of the 8th CPC would be appointed once the 8th CPC is notified by the Government. 8th Pay Commission Implementation 4 / 10 On implementation of 8th Pay Commission Chaudhary said: Implementation would be taken up once the recommendations are made by the 8th CPC and are accepted by the government. 8th Pay Commission: 1.2 Crore Central Govt Employees Pensioners Waiting 5 / 10 More than 1.2 crore central government employees and pensioners are eagerly awaiting the formation of the 8th Pay Commission which will revise their salaries and pensions. Despite the government's approval on January 16, 2025, the Pay Commission has not been formally constituted. The ToR and the appointment of the chairman and other important members have also not yet been completed. 8th Pay Commission For Salary Pension, Allowance Revision 6 / 10 The 8th Pay Commission will revise the pensions, allowances and salaries of central government employees and pensioners. It will also revise the Dearness Allowance as per inflation. The 8th Pay Commission benefits about 50 lakh central government employees, including defence personnel. It will also benefit around 65 lakh central government pensioners, including defence retirees. 8th Pay Commission: January 2026 Implementation Prospects Bleak 7 / 10 The prospects for the Commission's implementation on January 1, 2026, appear bleak. While the tenure of the 7th Pay Commission ends on 31 December 2025 and the constitution of the new Commission is in limbo, the central government employees and pensioners are increasingly becoming anxious. ToR, Chairman Appointment: 7th Pay Commission Vs 8th Pay Commission Timeline Compared 8 / 10 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. The government has also not officially announced the appointment of the chairman and other members of the commission. This indicates a delay in the formation of the 8th CPC. 8th pay commission Delay causing widespread speculation and uncertainty 9 / 10 The National Joint Consultative Machinery (Staff Side)-NCJCM has written a letter to the government requesting that the Terms of Reference (ToR) of the 8th Central Pay Commission be made public and the 8th CPC committee should be constituted at the earliest. 8th Pay Commission Tor Delay Causes Anxiety 10 / 10 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.


Time of India
2 days ago
- Business
- Time of India
8th Pay Commission good news: Govt starts discussions on salary hike; check expected basic pay and dearness allowance
The government has started preliminary consultations to set up the 8th Central Pay Commission (CPC), which is likely to revise the pay, allowances, and pensions of central government employees and pensioners. The commission's recommendations are expected to be implemented from January 1, 2026. 8th Pay Commission News According to a PTI report, the Ministry of Finance has initiated discussions with major stakeholders including the Ministry of Defence, Ministry of Home Affairs, Department of Personnel and Training, and various state governments. These talks aim to gather inputs for the formation of the commission. Explore courses from Top Institutes in Select a Course Category Data Analytics Project Management Cybersecurity Healthcare Data Science Data Science MCA Finance PGDM Design Thinking CXO Digital Marketing Management Public Policy Operations Management Technology Others Product Management Degree Leadership MBA others Artificial Intelligence healthcare Skills you'll gain: Data Analysis & Visualization Predictive Analytics & Machine Learning Business Intelligence & Data-Driven Decision Making Analytics Strategy & Implementation Duration: 12 Weeks Indian School of Business Applied Business Analytics Starts on Jun 13, 2024 Get Details In a written response in the Lok Sabha, Minister of State for Finance Pankaj Chaudhary stated, 'Inputs have been sought from major stakeholders, including Ministry of Defence, Ministry of Home Affairs, Department of Personnel & Training and from states.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 90s Icon: A Look at Her Today I Am Famous Undo Chaudhary also informed Parliament that the appointment of the chairperson and members of the commission will be taken up once the 8th CPC is formally notified. So far, no names have been announced. 8th Pay Commission expected salary hikes The 8th CPC is expected to affect nearly 50 lakh central government employees and about 65 lakh pensioners across India. The commission's recommendations will directly influence their monthly salaries and retirement benefits. Live Events According to a report by Kotak Institutional Equities quoted by NDTV, the average increase in salaries for central government employees under the upcoming 8th Central Pay Commission could be around 13%. This would be slightly below the approximately 14.3% hike granted during the 7th Pay Commission cycle. 8th Pay Commission fitment factor The same report mentioned that the commission may suggest a fitment factor of 1.8. This figure is used to revise the basic salary, and is lower than the 2.57 multiplier adopted during the 7th CPC. While a 1.8 fitment factor implies a basic salary increase of 80%, the actual hike in take-home pay would be less because the current dearness allowance—at 55%—would reset to zero when the new structure is introduced. There is ongoing discussion among employee representatives. Members of the National Council-Joint Consultative Machinery, which speaks for central government staff and pensioners, told NDTV Profit that they would push for a fitment factor at least equal to what was used in the 7th CPC. However, they acknowledged that a lower figure may be finalised. 8th Pay Commission expected minimum basic pay hike If the 1.8 multiplier is accepted, the minimum basic pay may rise from Rs 18,000 to about Rs 32,000. But after adjusting for DA and other allowances already in place, the actual salary growth would come down to around 13%. For instance, the current basic salary of Rs 18,000 comes with an added Rs 9,900 as DA. Similarly, a basic pay of Rs 50,000 may go up to Rs 90,000 under the new formula. But since Rs 50,000 already includes a DA of around Rs 27,500, the net change in pay would be smaller when other allowances are factored in. 8th Pay Commission: Dearness allowance mechanism to continue Currently, the government revises the dearness allowance (DA) twice a year to adjust for inflation. The DA is based on the All-India Consumer Price Index for Industrial Workers (CPI-IW) and helps protect employee salaries and pensions from the effects of rising prices. This mechanism is expected to continue even after the implementation of the 8th CPC. DA revisions usually take place in January and July every year. By the time the 8th CPC is implemented, the dearness allowance is projected to cross 60% of basic pay. It is currently revised twice a year, in January and July. 8th Pay Commission: Burden on exchequer As per Kotak's estimates, the cost of implementing the 8th CPC may range between Rs 2.4 lakh crore and Rs 3.2 lakh crore. For comparison, the rollout of the 7th CPC cost the exchequer about Rs 1.02 lakh crore in FY2017. The report also said the commission is expected to affect about 3.3 million central government staff. A large part of the impact would be felt by Group C employees, who form nearly 90% of the total workforce. This group may benefit more, especially due to their relatively higher spending tendencies. 8th Pay Commission: Timeline in line with earlier commissions The government has not yet shared details on the structure or proposals of the upcoming commission. However, based on past experience, the commission is expected to follow a similar schedule as the 7th CPC. The 7th CPC was set up in February 2014 and implemented from January 1, 2016. If the same timeline is followed, the 8th CPC may submit its report by the end of 2025, with implementation from January 2026. Replying to a question in Parliament, Chaudhary said, 'The implementation would be taken up once the recommendations are made by the 8th CPC and are accepted by the government.' Background on previous pay commission The 7th Pay Commission, led by Justice A K Mathur, submitted its report in 2015. It recommended a 23.55% overall increase in salaries, allowances, and pensions. The central government implemented most of its proposals starting January 1, 2016. The 8th CPC is expected to work on similar lines, though the current economic conditions and inflation trends could shape the final outcome. The government has begun the process by collecting feedback from departments and states, which will form the basis for setting up the commission.