Central Govt Employees' Salary Revision: Govt Approves Terms Of Reference For 8th Pay Commission
New Delhi: Union Cabinet on Tuesday approved the terms or reference (ToR) of 8th Pay Commission. The commission is tasked with submitting recommendations within 18 months.
The salary revision is likely to come into effect from January 1, next year. The cabinet meeting, chaired by Prime Minister Narendra Modi, kickstarted the process for revising salaries, allowances and pensions of millions of central government employees and retirees.
Information and Broadcasting Minister Ashwini Vaishnaw confirmed that the government has finalised the commission’s composition in a media brief on Tuesday.
The commission’s recommendations may affect around 48 lakh central government employees and 67 lakh pensioners. It will also influence compensation frameworks across state governments, public sector units, autonomous institutions and even private sector pay-benchmarking in some segment.
Read Also: 27% Pay Hike For Employees In Karnataka: Cabinet Approves 7th Pay Commission Recommendation
Inflation, cost of living and consumption patterns have shifted sharply, prompting long-pending demands from employee unions for a review. The previous 7th CPC was implemented in 2016.
