8thPay Commission: The government creates a new pay commission every decade. The committee raises government workers’ salaries. Details, please.
The Modi administration formed a four-member group under the Finance Secretary to enhance the National Pension System. The Modi administration may approve the Eighth Pay Commission in such a case. The 8th Pay Commission will form in 2023. When the Seventh Pay Commission recommendations were adopted in 2016, the Pay Commission was formed in 2013. The new Pay Commission’s recommendations are adopted every decade.
In August 2022, the Finance Minister was questioned about whether the Modi government would also approve the Eighth Pay Commission. 2023 will establish the Pay Commission. Minister of State for Finance Pankaj Chaudhary said that the administration has no plans to establish the 8th Pay Commission. The Minister of State for Finance answered the Question Hour question in writing.
It’s also hard. During the Lok Sabha’s passage of the Finance Bill, Finance Minister Nirmala Sitharaman announced that she would form a committee under the Finance Secretary to improve the National Pension System for government employees. The Modi government was not confused about it. The Finance Minister’s decision was unexpected.
In preparation for the 2024 Lok Sabha elections, a committee has been created to reform the National Pension System. The governing party needs government employee votes. In this case, the Modi administration may approve the Eighth Pay Commission. The administration cannot placate government workers by not forming the Pay Commission before the Lok Sabha elections. Opposition parties may use it like NPS.
The Centre and opposition-ruled states fought over the National Pension Scheme. Congress-ruled Himachal Pradesh, Rajasthan, and Chhattisgarh revived the pension plan. After that, the government formed an NPS review committee. That’s why the government may form the Eighth Pay Commission.
Many Pay Commissions have been established since 1947. Every decade, the government creates a wage commission. Whose suggestions raise central employee salaries and pensions. The UPA formed the Seventh Pay Commission on February 24, 2014. The Sixth and Seventh Pay Commissions proposed large salary increases for central personnel in 2006 and 2016, and governments followed suit.