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8th Central Pay Commission : A big good news can come for lakhs of central government employees. Modi government has started discussions with major departments for the 8th Pay Commission.
The government is in discussions with the Home Ministry, Defense Ministry, Personnel and Training Department and state governments. When this commission is formally constituted and submits its report to the government, only then the new salary and allowances of the employees can be estimated correctly.
The increase in salary depends on the fitment factor
The fitment factor plays a very important role in the process of increasing government salaries. It is a multiplier by which the existing basic salary is multiplied to determine the new salary.
In the 7th Pay Commission, this factor was 2.57. Now experts estimate that in the 8th Pay Commission it can be between 1.92 to 2.86. That is, the bigger the fitment factor, the more the salary will increase. For example, if an employee’s current basic salary is Rs 30,000 and the fitment factor is fixed at 2.57, then his new basic salary will be Rs 77,100.
Estimated Salary as per Grade Pay
Below are some estimates of how much salary can increase according to various grade pay of employees working under the Government of India. These also take into account deductions like House Rent Allowance ( HRA ) , Travel Allowance, National Pension System ( NPS) and CGHS .
Grade Pay 1900
At fitment factor 1.92:
Basic Salary – Rs 54,528 – Net Salary – Rs 65,512
Fitment factor at 2.57
Basic – Rs 72,988 – Net – Rs 86,556
Grade Pay 2400
At 1.92: Net salary – Rs 86,743
At 2.57 : Net salary – Rs 1,14,975
Grade Pay 4600
At 1.92: Net salary – Rs 1,31,213
At 2.57 : Net salary – Rs 1,74,636
Grade Pay 7600
At 1.92: Net salary – Rs 1,82,092
At 2.57 : Net salary – Rs 2,41,519
Grade Pay 8900
At 1.92: Net salary – Rs 2,17,988
At 2.57 : Net salary – Rs 2,89,569
Just speculation, final decision awaited
All these figures are just estimates, which have been derived by experts on the basis of current policies and trends. This increase will be decided only when the 8th Pay Commission submits its report to the government and the government approves it. At present, employees can get an idea of their possible salary through these estimates. But the answer to how much the final salary will be will be known only after the government’s decision.
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