New pay commission, Salary Hike: 8th Pay Commission has been approved by the Central Government. With the implementation of this pay commission, there will be a strong jump in the salary of the employees. Recently, the government has given a big update regarding the 8th Pay Commission. Let us tell you that now the fitment factor of the employees (fitment Factor in 8th CPC) will be increased, which will have a direct impact on the salary of the employees. Let us know how much will be the fitment factor in the new pay commission and how much will be the increase in the salary of the employees.
(fitment Factor hike). Many big updates are issued by the Central Government from time to time for the employees. Recently also the Central Government has made an important announcement for the employees. According to the update released, the Central Government will soon amend the salary of the employees (salary hike latest update).
This salary revision by the Central Government will be under the 8th Pay Commission. Apart from this, there will be a bumper increase in the pension of pensioners, which will help the employees and pensioners a lot in fighting inflation. Know in the news how much the salary of the employees will increase according to which fitment factor under the 8th Pay Commission.
These employees will also benefit of Salary hike-
After the implementation of the 8th Pay Commission (8th pay commission update), not only government employees but also military employees will benefit. Apart from this, due to the implementation of the 8th Pay Commission, various groups of central employees will benefit. It is expected that after the arrival of the 8th Pay Commission (8th CPC salary hike), the inequality between the employees will be eliminated. This time the level-wise salary can be increased. Apart from this, it will also help the employees a lot in dealing with inflation.
State employees will also benefit-
It is generally seen that whenever the central government takes any decision for the employees (update for govt. employees), then the state employees also benefit from it. In such a situation, when the central government will revise the salary of the employees under the 8th Pay Commission (8th CPC effect on state govt. employees), then due to this, the salary of the employees of many state governments can also be seen to increase.
This time the fitment factor will increase by this much-
After the formation of the 8th Pay Commission is approved, there will also be an increase in the salary (fitment factor role in salary) of the central employees. But it completely depends on how the government keeps the fitment factor (fitment factor kya h) for the 8th Pay Commission.
If the central government increases the fitment factor of the employees, then it will have a direct impact on the salary of the employees. In the seventh pay commission, the fitment factor of 2.57 was implemented, according to which the minimum salary increased from Rs 7000 to Rs 18000. This time, up to 2.86 fitment factor can be applied to increase the salary of the employees, which is more than the previous pay commission.
The highest salary hike was done in the 6th Pay Commission-
Under the 7th Pay Commission, employees were being given a fitment factor of 2.57 (fitment factor in 7th CPC). Due to the fitment factor of 2.57, the minimum salary of the employees was also increased from Rs 7 thousand to Rs 18 thousand (basic salary in 7th CPC).
During the 6th Pay Commission (6th pay commission salary hike), the highest increase in the salary of central employees was seen which was 54 percent. However, the actual salary hike given by the 7th Central Pay Commission on the pre-determined minimum salary was only 14.3 percent.
Once the minimum salary was only Rs 55-
On the other hand, if we talk about the lowest salary hike, then in the second pay commission, only 14.2 percent increase was seen in the salary (2nd pay commission salary hike), under the first pay commission, the minimum salary of Rs 55 (basic salary in 2nd CPC) was being given to the employees. After this, it was increased to Rs 80.
Expectations from the 8th Pay Commission-
If we talk about the salary hike under the 8th Pay Commission, then after the implementation of the 8th Pay Commission (8th pay commission latest update), there can be an increase of 25 to 30 percent in the salary of government employees. Some experts believe that under the 8th Pay Commission (8th CPC update), the fitment factor for employees can be between 2.6 to 2.90. If the central government makes the fitment factor (fitment factor in 8th CPC) as per 2.86, then due to this the minimum salary of the employees will be close to 51 thousand.
DA of January 2025 will be available on this day-
Employees are also waiting for this year’s DA (DA hike). It is to be implemented from January 2025 (DA 2025) but no clarity has come out about this yet. It is believed that it can be given in the salary of March. The data of All India Consumer Price Index is yet to come. It is likely to come by the end of February. Only after this it will be decided how much DA (Dearness allowance) will increase. By the way, this time there may be an increase of 3 percent in DA.
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