8th Pay Commission: Modi Cabinet Approves Proposal Ahead of Budget 2025

8th Pay Commission: The Modi government has approved the formation of the 8th Pay Commission, a move set to benefit nearly 50 lakh central government employees and 65 lakh pensioners. This decision comes ahead of the highly anticipated Budget 2025 and aims to address employee concerns by revising salaries, pensions, and allowances.

What is the 8th Pay Commission?

The 8th Pay Commission will recommend revisions in the salaries and allowances of central government employees and pensioners. It aims to improve compensation structures, keeping in mind inflation and current economic conditions.

Who Will Benefit?

50 lakh central government employees, including administrative staff and officials.
65 lakh pensioners, who will receive updated pension benefits.

Implementation Timeline

The commission’s recommendations are expected to be implemented from January 1, 2026.
The government plans to form the commission in 2025, ensuring a smooth transition from the current 7th Pay Commission, which remains valid until 2026.

What the Government Says

The formation of the 8th Pay Commission reflects the government’s commitment to improving the financial well-being of its employees. This step is expected to boost morale and enhance productivity within the central workforce.

Why This Matters Ahead of Budget 2025

This approval comes just before Budget 2025, highlighting the government’s focus on employee welfare and economic reforms. Revising pay scales will also contribute to higher consumer spending, positively impacting the economy.