8th Pay Commission: The government constitutes a new pay commission every 10 years. And on the basis of the recommendations of the committee, the salary increases the salary of the government employees.
8th Pay Commission: The Modi government has announced the constitution of a four-member committee under the chairmanship of the Finance Secretary to improve the National Pension System. In such a situation, it is being speculated that the Modi
government can also give green signal to the formation of the Eighth Pay Commission. The 8th Pay Commission is to be constituted in 2023 itself. The Pay Commission was
constituted only in 2013 when the recommendations of the Seventh Pay Commission were implemented in 2016. The recommendations of the new Pay Commission are implemented after every 10 years.
Last year in August 2022, when the question was asked to the Finance Minister whether the Modi government would also give a green signal to the formation of the Eighth Pay Commission. The Pay Commission is to be constituted in 2023 itself. Then, while answering this question, Minister of State for Finance Pankaj Chaudhary had said that there is no proposal before the government to set up the 8th Pay Commission.
The Minister of State for Finance had given this answer in writing to the question asked during the Question Hour. Although it is not that easy either. Because the National Pension System, about which the Modi government was not getting confused, during the passage of the Finance Bill in the Lok Sabha,
Finance Minister Nirmala Sitharaman announced that it has been decided to further improve the National Pension System for government employees. And for that they have decided to form a committee under the chairmanship of the Finance Secretary. This decision of the Finance Minister was surprising.
