Modi Government May Soon Form New - 8th Pay Commission for Central Employees

Modi government recently announced a 4% increase in DA for central employees and pensioners, taking it to 46%. This announcement is seen as a booster dose by the government.

On the other hand, the central government is likely to give another big gift to employees, which is being discussed rapidly. It is believed that the central government can form a new pay commission for employees and pensioners, which will benefit a large number of people.

If this happens, then this year will be like a good news. The government has not said anything officially, but according to the discussion, this decision can be taken before the Lok Sabha elections. In fact, central employees have been demanding a new pay commission.

Which pay commission will be formed?

The central government has so far formed 7 pay commissions. The government formed the seventh pay commission in 2016, which saw a significant increase in the minimum basic salary of employees. Now there is speculation that the government may soon take a big decision.

It is being said that the government will form the 8th pay commission, after which a record increase in basic salary is possible. However, nothing has been said by the government on the 8th pay commission.

Lok Sabha elections are to be held in 2024, before which the Modi government may try to give a gift to a class at all costs. If this happens, a large number of central employees will get a bumper benefit, which will be like a big good news.

Employees happy after DA increase

The central government recently gave a big good news by increasing DA (dearness allowance) by 4%, taking it to 46%. The government's announcement is showing a lot of enthusiasm on everyone's face.

Earlier, central employees and pensioners were getting the benefit of 42% DA. Apart from this, the discussion of increasing the fitment factor is also gaining momentum now, but the government has not given any assurance.

Explanation

The text is about the possibility of the central government forming a new pay commission for central employees and pensioners. The government has not made any official announcement yet, but there is speculation that it may do so before the 2024 Lok Sabha elections.

If the government does form a new pay commission, it is likely to recommend a significant increase in salaries and allowances for central employees. This would be a welcome move for central employees, who have been demanding a pay hike for several years.

The text also mentions that the government recently announced a 4% increase in DA for central employees and pensioners. This increase has taken DA to 46%, which is a significant increase.