Section

2 proposals received for 8th pay panel, not under consideration: Govt

By Business Standard - 4 months ago
The government has received two representations for the constitution of the 8th Central Pay Commission, but no such proposal is currently under consideration, Parliament was informed on Tuesday. The 8th Pay Commission is due for implementation on January 1, 2026. "Two representations have been received for constitution of 8th Central Pay Commission in June 2024. No such proposal is under consideration of the government, at present," Minister of State for Finance Pankaj Chaudhary said in a written reply in the Rajya Sabha. Usually, the pay commission is constituted by the Central Government every 10 years to revise the remuneration of government employees. The 7th Pay Commission was constituted in February 2014. Its recommendations were implemented from January 1, 2016. In order to compensate central government employees for erosion in the real value of their salaries on account of inflation, dearness allowance (DA) is paid to them and the rate of DA is revised periodically every si

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.