#8th Pay Commission Approve

[newspedia24]

[shabdshilanews]

Government's seal on 8th Pay Commission: सरकारी कर्मचारियों और पेंशनर्स के लिए खुशखबरी

Government’s seal on 8th Pay Commission: देश के एक करोड़ से अधिक सरकारी कर्मचारियों और पेंशनभोगियों के लिए केंद्र सरकार ने 8वें वेतन आयोग (Government’s seal on 8th Pay Commission) के गठन को मंजूरी दे दी है। प्रधानमंत्री नरेंद्र मोदी की अध्यक्षता में 16 जनवरी को हुई केंद्रीय कैबिनेट की बैठक में यह महत्वपूर्ण ��ैसला लिया गया। केंद्रीय मंत्री अश्विनी वैष्णव ने इस निर्णय की जानकारी दी और बताया कि जल्द…

[todaynews27]

Cabinet approves 8th Pay Commission for central government employees

The Union Cabinet has announced the 8th Pay Commission which will increase the salaries of the central government employees and allowances of the pensioners. This was done during a cabinet meeting chaired by the Prime Minister of India, Mr. Narendra Modi. The announcement comes at a time when the 7th Pay Commission that was formed in 2016 will complete its term in 2026.

[colonelrajyavardhanrathore]

Modi Government’s Gift to Central Employees: 8th Pay Commission Approved - Col Rajyavardhan Rathore

In a landmark decision, the Modi government has approved the formation of the 8th Pay Commission, bringing cheer to millions of central government employees and pensioners. This move reflects the government’s unwavering commitment to the welfare of its workforce, who play a vital role in the nation’s governance and progress.

A Step Towards Financial Empowerment

The approval of the 8th Pay Commission demonstrates the Modi government’s focus on ensuring that central employees receive fair compensation that aligns with the rising cost of living and economic conditions. This step will boost morale and enhance financial security for employees and their families.

Col. Rathore’s Remarks

Colonel Rajyavardhan Rathore lauded the Modi government for this monumental decision, calling it a “historic step for the empowerment of central employees.” He added: “By approving the 8th Pay Commission, the government has reaffirmed its dedication to the well-being of those who serve the nation tirelessly. This decision is not just about salaries; it is about recognizing the value of hard work and commitment.”

Jai Hind!

[newspatrolling]

8th Pay Commission - How Much Increase In Salary, Pension, Dearness Allowance (DA) ?

In addition to benefiting central government employees, the 8th Pay Commission is expected to spur consumer spending

Just before the Union Budget is presented, the government has approved the 8th Pay Commission. It is set to benefit nearly 5 million (50 lakh) central government employees and approximately 6.5 million (65 lakh) pensioners across all ranks. Let us take a look at some of the key benefits of the 8th Pay Commission.

What is Fitment Factor?

Before looking into the hike in salaries and other benefits, it is important to understand how salaries and pension are calculated for central government employees. At the core of this assessment is the Fitment Factor. This is used for calculating any increase in the basic salary and pension amount for central government employees. The Fitment Factor is the primary tool used by the Pay Commission. To calculate the new pay package, the current pay is multiplied by the Fitment Factor.

Various aspects are considered for deriving the Fitment Factor. For example, it includes things like employee demands and requirements, inflation rate and debt burden on the government. In the 7th Pay Commission, the Fitment Factor was calculated at 2.57.

What will be Fitment Factor for 8th Pay Commission?

The government has not yet announced the Fitment Factor under the 8th Pay Commission. It will be announced after the value is finalized by the 8th Pay Commission. But estimates indicate that the Fitment Factor in 8th Pay Commission could go up to 2.86. That means that the basic salary of central government employees could actually triple under the 8th Pay Commission.

How much salary increase in 8th Pay Commission?

Let us understand the salary increase under 8th Pay Commission with an example. Suppose a government employee is getting Rs 40,000 as basic salary. Now, if the Fitment Factor is 2.5 (conservative estimate), the new salary amount will be Rs 40,000 x 2.5 = Rs 1 lakh. That is a massive boost in the basic salary amount. Government employees will be waiting eagerly for the 8th Pay Commission to announce the Fitment Factor.

How much increase in pension in 8th Pay Commission?

The hike in pension is expected to be around the same as the increase in salary. That means a Fitment Factor in the range of 2.5 to 2.8. For example, let us assume the current monthly pension of Rs 10,000. If the Fitment Factor is 2.5, the pension will increase to Rs 25,000 (10000 x 2.5).

How much increase in dearness allowance (DA) in 8th Pay Commission?

The dearness allowance (DA) is calculated as a percentage of the basic pay. As of now, the dearness allowance for government employees is 53%. Since salaries are set to increase under the 8th Pay Commission, the dearness allowance or DA will also increase. Both existing employees and pensioners will benefit.

When will the 8th Pay Commission be implemented?

The Pay Commission reviews the pay package of government employees after every 10 years. Keeping that in mind, it is likely that the 8th Pay Commission will come into effect from 1st January, 2026.

source: newspatrolling.com

[ambitiousbaba]

Prime Minister Narendra Modi Approves Formation of 8th Pay Commission for Central Government Employees

Prime Minister Narendra Modi Approves Formation of 8th Pay Commission for Central Government Employees On January 16, 2025, the Union Cabinet, led by Prime Minister Narendra Modi, approved the formation of the 8th Pay Commission. Union Minister Ashwini Vaishnaw announced this decision, highlighting the government’s commitment to timely implementation. The commission is expected to be constituted…

[werindialive]

Cabinet Approves Constitution of 8th Pay Commission: Central Government Employees Await Pay Hike

In a significant move, the Union Cabinet has approved the constitution of the 8th Pay Commission, paving the way for a potential salary hike for central government employees and pensioners. The decision marks the start of a comprehensive review of pay structures, allowances, and other benefits, expected to affect over 50 lakh employees and pensioners.

The recommendations of the 8th Pay Commission are anticipated to come into effect from January 1, 2026, following the schedule observed in previous pay revisions. The 7th Pay Commission, chaired by A.K. Mathur, submitted its report on November 19, 2015, with its recommendations being implemented on January 1, 2016.

The 8th Pay Commission is expected to introduce significant revisions in basic pay scales, Dearness Allowance (DA), and Dearness Relief (DR) for pensioners. Such revisions are crucial as they ensure salaries and pensions remain aligned with inflation and economic conditions.

Central government employees are eagerly awaiting details of the proposed changes, hoping for substantial improvements in their pay structure. The revision will also play a pivotal role in boosting disposable incomes, potentially driving consumer spending and economic growth.

While the specifics of the 8th Pay Commission's mandate are yet to be disclosed, experts believe it may introduce structural changes to modernize salary frameworks and make them more competitive. It is also expected to address issues related to disparity in pay and allowances across different categories of employees.

The government’s decision comes at a time when employees are grappling with rising inflation, making the announcement a welcome relief. Pensioners, too, are hopeful for increased DR benefits to enhance their financial security.

The 8th Pay Commission's recommendations will not only affect central government employees but may also influence state governments, as they often align their pay scales with central guidelines.

Stay tuned for more updates on the 8th Pay Commission and related developments. For hassle-free tax planning, explore the latest Income Tax Slabs and Income Tax Calculator, and stay informed about Budget 2025 and other business news in Hindi. For latest news India, subscribe to our newsletter

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8th Pay Commission: Everything You Need to Know About the Latest Salary Revision for Central Government Employees

Introduction The 8th Pay Commission has been a much-anticipated development for central government employees across India. Recently, the Union Government has given its approval to establish the 8th Pay Commission, which will revise salary structures, allowances, and pensions for central government employees and pensioners. This move is expected to significantly impact millions of government…

[ainnewsone]

केंद्रीय कर्मचारियों के लिए 8वें वेतन आयोग को मंजूरी: आर्थिक सशक्तिकरण और जीवनशैली में सुधार की दिशा में बड़ा कदम?

AIN NEWS 1: प्रधानमंत्री नरेंद्र मोदी के नेतृत्व में आज केंद्रीय कैबिनेट ने 8वें केंद्रीय वेतन आयोग को मंजूरी देकर लाखों केंद्रीय कर्मचारियों और उनके परिवारों के जीवन में नई उम्मीद जगाई है। यह निर्णय न केवल कर्मचारियों की आर्थिक स्थिति को सुदृढ़ करेगा, बल्कि उनके जीवनस्तर को भी बेहतर बनाएगा। महाकुंभ के पावन अवसर पर लिया गया यह ऐतिहासिक फैसला 'विकसित भारत' के निर्माण के प्रधानमंत्री मोदी के दृष्टिकोण को और मजबूत करता है। यह कदम लाखों कर्मचारियों की मेहनत और समर्पण को सराहने और उन्हें प्रोत्साहित करने के लिए लिया गया है। क्या है 8वां वेतन आयोग और इसका महत्व? 8वां केंद्रीय वेतन आयोग केंद्र सरकार के कर्मचारियों के वेतन, भत्तों और पेंशन में सुधार के लिए गठित किया गया है। यह आयोग हर 10 साल में गठित किया जाता है ताकि कर्मचारियों की आर्थिक स्थिति और जीवनशैली को वर्तमान समय की आवश्यकताओं के अनुरूप बनाया जा सके। इस आयोग के माध्यम से कर्मचारियों को बढ़ा हुआ वेतन और अन्य सुविधाएं प्रदान की जाएंगी, जिससे उन्हें अपने परिवार के लिए बेहतर सुविधाएं जुटाने का मौका मिलेगा। फैसले के लाभ और प्रभाव 1. आर्थिक स्थिति में सुधार: 8वें वेतन आयोग के तहत ��र्मचारियों की वेतन संरचना में वृद्धि होगी। इससे उनकी आय बढ़ेगी, जिससे उन्हें आर्थिक स्थिरता प्राप्त होगी। 2. जीवनस्तर में सुधार: इस फैसले से कर्मचारियों को बेहतर स्वास्थ्य सुविधाएं, बच्चों की शिक्षा और अन्य जरूरतों को पूरा करने में मदद मिलेगी। 3. कार्य उत्साह में वृद्धि: बढ़ा हुआ वेतन और सुविधाएं कर्मचारियों के आत्मविश्वास को बढ़ाएंगी, जिससे उनका कार्य प्रदर्शन और बेहतर होगा। 4. पेंशनभोगियों को राहत: इस आयोग के तहत पेंशनभोगियों के भत्तों में भी वृद्धि होगी, जिससे उन्हें आर्थिक सुरक्षा मिलेगी। योगी आदित्यनाथ ने प्रधानमंत्री का आभार व्यक्त किया उत्तर प्रदेश के मुख्यमंत्री योगी आदित्यनाथ ने प्रधानमंत्री नरेंद्र मोदी के इस निर्णय की सराहना की। उन्होंने कहा, "यह फैसला लाखों कर्मचारियों के जीवन में सकारात्मक बदलाव लाएगा। यह कर्मचारियों की मेहनत को सम्मान देने और उन्हें प्रेरित करने की दिशा में एक बड़ा कदम है।" मुख्यमंत्री ने केंद्र सरकार के इस कल्याणकारी निर्णय के लिए प्रदेश के सभी केंद्रीय कर्मचारियों की ओर से प्रधानमंत्री का आभार व्यक्त किया। कर्मचारियों की प्रतिक्रिया कर्मचारियों ने इस फैसले का दिल खोलकर स्वागत किया है। उनका कहना है कि यह कदम न केवल उनके वेतन में बढ़ोतरी करेगा, बल्कि उन्हें मानसिक और आर्थिक रूप से सशक्त भी बनाएगा। एक कर्मचारी ने कहा, "हम इस फैसले के लिए प्रधानमंत्री और उनकी टीम का धन्यवाद करते हैं। यह हमारे जीवन में बड़ा बदलाव लेकर आएगा।" प्रधानमंत्री मोदी के नेतृत्व में ‘विकसित भारत’ की दिशा में कदम प्रधानमंत्री नरेंद्र मोदी के नेतृत्व में केंद्र सरकार ने हमेशा कर्मचारियों के हितों को प्राथमिकता दी है। 8वें वेतन आयोग की मंजूरी इसका प्रमाण है। यह कदम कर्मचारियों की मेहनत को सम्मान देने और 'विकसित भारत' के निर्माण में उनके योगदान को बढ़ावा देने के लिए उठाया गया है। 8वें केंद्रीय वेतन आयोग की मंजूरी से न केवल लाखों केंद्रीय कर्मचारियों और उनके परिवारों को राहत मिलेगी, बल्कि यह उनकी उत्पादकता और प्रेरणा में भी वृद्धि करेगा। यह निर्णय देश के विकास में कर्मचारियों की भूमिका को और सशक्त बनाने की दिशा में मील का पत्थर साबित होगा। SEO Boosting Paragraph (English): "The announcement of the 8th Central Pay Commission approval by the Indian government, under the visionary leadership of Prime Minister Narendra Modi, is a historic step toward improving the financial stability and quality of life for central government employees. This initiative, unveiled during the auspicious Mahakumbh, will not only ensure salary hikes but also boost the morale of millions of employees. Keywords such as '8th Central Pay Commission,' 'salary hike for central government employees,' and 'economic improvement' make this decision a cornerstone in the path to a developed India." Read the full article

[newsriveting]

Cabinet's Decision on 8th pay commission will boost consumption: PM Modi

Prime Minister Narendra Modi Team News Riveting New Delhi, January 16 The Union Cabinet on Thursday approved to set up 8th Pay Commission to revise salaries of central government employees and allowances of pensioners. The decision to set up the 8th Pay Commission was taken at a meeting of the Cabinet chaired by Prime Minister Narendra Modi, Union Minister for Railways, Information &…

[bikanerlive]

बड़ी खुशखबरी: प्रधानमंत्री ने दी 8वें वेतन आयोग को मंजूरी, 2026 तक रहेगा 7th Pay Commission...

8th Pay Commission Approval: केंद्रीय कर्मचारियों के लिए बड़ी खबर हैं. साल की शुरुआत होते ही केंद्र सरकार की तरफ से खुशखबरी मिली है. प्रधानमंत्री नरेंद्र मोदी ने 8वें वेतन आयोग को मंजूरी दे दी है. 7वें वेतन आयोग का कार्यकाल 2026 तक रहेगा. लेकिन, उसके बाद 8वें वेतन आयोग का गठन होगा. केंद्रीय कर्मचारियों (Central Government Employees) की ये डिमांड ऐसे वक्त में पूरी की गई है, जब बार-बार आशंका जताई…

[pnewslive]

HEADLINES: 8th Pay Commission Approved

[news365timesindia]

[ad_1] GG News Bureau New Delhi, 16 Jan: In a landmark decision, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the establishment of the 8th Pay Commission to review and revise the salaries of central government employees and the allowances of pensioners. Announcing the decision on Thursday, Union Minister for Information and Broadcasting, Ashwini Vaishnaw, stated that the Commission’s chairman and two members would be appointed shortly. The 7th Pay Commission, which was set up in 2016, is set to complete its term in 2026. “The government is committed to ensuring fair pay structures and addressing the concerns of employees and pensioners,” Vaishnaw added. The move is expected to impact over 47 lakh central government employees and 69 lakh pensioners, with recommendations anticipated to focus on salary revisions, allowances, and potential restructuring of pay scales. Further details on the Commission’s timeline and framework are expected to be released after the appointment of its members.       The post Cabinet Approves Setting Up of 8th Pay Commission for Government Employees appeared first on Global Governance News- Asia's First Bilingual News portal for Global News and Updates. [ad_2] Source link

[news365times]

[ad_1] GG News Bureau New Delhi, 16 Jan: In a landmark decision, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the establishment of the 8th Pay Commission to review and revise the salaries of central government employees and the allowances of pensioners. Announcing the decision on Thursday, Union Minister for Information and Broadcasting, Ashwini Vaishnaw, stated that the Commission’s chairman and two members would be appointed shortly. The 7th Pay Commission, which was set up in 2016, is set to complete its term in 2026. “The government is committed to ensuring fair pay structures and addressing the concerns of employees and pensioners,” Vaishnaw added. The move is expected to impact over 47 lakh central government employees and 69 lakh pensioners, with recommendations anticipated to focus on salary revisions, allowances, and potential restructuring of pay scales. Further details on the Commission’s timeline and framework are expected to be released after the appointment of its members.       The post Cabinet Approves Setting Up of 8th Pay Commission for Government Employees appeared first on Global Governance News- Asia's First Bilingual News portal for Global News and Updates. [ad_2] Source link

[newspatrolling]

Why The Craze For Sarkari Naukri (Government Jobs)?

 Factors like job security, work-life balance, retirement benefits and social status are among the key reasons why many people prefer government jobs

For jobs across both Central and State governments, there is a heavy rush of students. This happens even when there are now plentiful opportunities present in the private sector. It makes us wonder why so many people prefer government jobs. Let us delve deeper and try to identify the key reasons.

Attractive salary - Pay packages and perks have improved significantly across government jobs. In many cases, the payout is better in comparison to a similar job in the private sector. This has happened with the 7th Pay Commission. The government has now approved the 8th Pay Commission, which will make government jobs even more attractive. It is estimated that salaries could increase up to 30%, as per the recommendations of the 8th Pay Commission.

Retirement benefits - Many people prefer government jobs, as they have a good pension scheme and other retirement benefits. In comparison, an individual working in the private sector benefits largely from only the provident fund and gratuity amount. These funds need proper investment, whereas there are no such hassles with the pension system.

Job security - A government job is usually considered more secure than a job in the private sector. An individual working in the private sector may be removed at short notice. Something like this is generally not seen in government jobs. As such, job security is one of the key reasons why many people prefer government jobs.

Matter of prestige - In many communities, government jobs are viewed as a matter of prestige. Those in government jobs often get more respect in society. This is especially true for high-ranking government positions such as IAS, IPS, public sector undertaking jobs, etc. Social status and prestige are a key reason why many people choose government jobs over private sector jobs.

Reservation benefits - Access to reservation in government jobs makes it easier for many candidates to lead a better life. Reservation for SC, ST, OBC and EWS is a key reason why government jobs are preferred. It is estimated that around 50% government jobs are filled via the reservation system. In comparison, the private sector currently does not have any reservation system. Selections in the private sector are based purely on merit.Work-Life balance - As work timings are fixed, most government employees have a relaxed work experience. This is different from the private sector, where employees may be asked to work additional hours without any overtime. Moreover, the number of leaves is also a lot more in case of government employees. The stress of performance and achieving targets is also relatively less in government jobs. These factors explain why many people prefer government jobs.

source; newspatrolling.com