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8th Pay Commission: What Finance Secretary Say on implementation 8th Pay Commission For Employees, See Full Details

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8th Pay Commission Salary Update: If you are an employee. And waiting for the 8th pay commission. Then you should read this news. The Finance Secretary has recently made such comments on the implementation of the 8th Pay Commission of the employees.

Government employees get the 7th Pay Commission. Government employees have been waiting for the 8th Pay Commission for some time. Central employees can get more payment. The government has made an important announcement regarding the 8th Pay Commission.

Union Finance Secretary TV Somanathan said that the 8th pay commission will not be made for about 54 lakh central government employees and pensioners before the national elections next year.

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Recently there were reports that the Central Government is preparing to implement the 8th Pay Commission before the 2024 Lok Sabha elections. Governments have previously set up pay commissions before elections to win over central government employees, armed forces personnel and family pensioners. The 7th Pay Commission was implemented by the Congress-led UPA government in September 2013, a few months before the state and general elections.

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This has become politically controversial. Because many opposition ruled states are going back to the old pension scheme. Which gives a monthly guarantee of fifty percent of their last salary to pensioners. The government formed a committee under the leadership of the Finance Secretary to review the system. “We have completed discussions with all concerned parties. And our report should be submitted soon, Somanathan said.

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Publish Date: December 13, 2023  

Posted By Sunil

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