The Cabinet on Tuesday approved the Terms of Reference (ToR) of the 8th Pay Commission, which is likely to be implemented from January 1, 2026.
The setting up of the Commission, whose recommendations will benefit about 50 lakh (5 million) central government employees, including those in defence and railways, and about 30 lakh (3 million) pensioners, comes ahead of the Assembly elections in 5 states in November and the general elections next year.
The government may defer the implementation of the sixth Pay Commission award by a year or even two to reduce the fiscal burden of the recommendations that proposed a 28 per cent across-the-board salary increase for an estimated 4.5 million central government employees. The report of the commission headed by Justice BN Srikrishna was submitted to the government on March 24 this year, nearly a fortnight before its 18-month tenure was to end.
There shall be two dates for grant of increment - January 1 and July 1 every year
India Inc has welcomed the Sixth Pay Commission report that suggested an average increase of 40 per cent in salaries of central government employees and said the move will not lead to a rise in inflation and revenue deficit of the government. Industry body Ficci said the pay hike would not add to inflationary conditions and revenue deficit due to buoyant revenue collections. Also, Ficci said the hike would reduce the problem of governance and attract talented personnel.
Banking system liquidity will experience transient frictional tightness ahead of the payment of arrears
Prime Minister Manmohan Singh has approved composition of the 7th Pay Commission, which will revise the salaries of over 50 lakh Central government employees.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
The 7th Pay Commission has recommended more than doubling the 'Military Service Pay' to defence personnel, and suggested that Short Service Commissioned Officers should be allowed to exit the Armed Forces at any point in time between 7 and 10 years of service.
'The high court notice could go some way in easing the vitiated civil-military relationship, and the trust deficit between civil servants and the military.'
The amount constitutes 45 per cent of the railways' total wage bill.
In a major New year bonanza for the armed forces, the Prime Minister's Office has informed the defence ministry that the armed forces personnel would henceforth have a separate pay commission, which is delinked from the civilian pay panel.
Unions have also demanded raising the income tax exemption limit from Rs 2 lakhs to Rs 5 lakhs.
Cabinet Secretary and Secretaries to be kept in distinct pay scales at Rs 90,000 and Rs 80,000 a month, respectively.
Para-shooters have accused the Paralympic Committee of India (PCI) and its Shooting Technical Committee (STC) of financial corruption, extortion, and manipulation in the selection process for the upcoming Para Asian Games. They allege demands for a 20% commission from cash awards and manipulation of quota places, while the PCI denies all charges, asserting a merit-based selection.
Indian para-shooters staged a protest during the send-off ceremony for the Aichi-Nagoya Asian Para Games contingent, alleging widespread corruption, manipulation, and financial extortion in the selection process.
The Uttar Pradesh Public Service Commission (UPPSC) announced the final results of the Combined State/Upper Subordinate Services Examination 2024 (UPPSC 2024) late Sunday night.
While still not as drool-worthy as their private sector counterparts, the hike is quite hefty, and across segments
Prabhu hoped that during this 3-4 years period, railways would be able to absorb the impact from their resources
Three FIRs have been lodged against 39 named and more than 900 unnamed people in connection with clashes that broke out between the police and protesting job aspirants in Jharkhand's Giridih and Hazaribag, officials said on Sunday.
Rahul Kranti, a 40-year-old protester, is on a hunger strike in Jharkhand, demanding the cancellation of all state-level recruitment exams conducted by JPSC and JSSC since 2019 and a CBI and ED probe into alleged irregularities. He claims to have cleared several exams but remains jobless due to corruption.
Prime Minister Narendra Modi criticised the Mamata Banerjee government in West Bengal, promising development, accountability, and an end to corruption if the BJP wins the upcoming assembly elections.
'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'
Prime Minister Narendra Modi announced six guarantees for West Bengal if the BJP wins the Assembly polls, criticising the TMC government and promising development and accountability.
The International Olympic Committee mourns the death of veteran Indian sports administrator Randhir Singh, recognising his significant contributions to the Olympic Movement in India, Asia, and worldwide.
Two Central Board of Excise and Customs staffers, Raman and Suresh, based in Trichy, Tamil Nadu, have set up a Web site based on the 6th Pay Commission recommendations and dedicated exclusively to government employees.
Job aspirants in Jharkhand are protesting alleged paper leaks in PSC and other recruitment exams, demanding an independent inquiry by retired high court judges from outside the state. They have lost faith in the ongoing CID investigation, citing past failures, and threaten to intensify their agitation if their demands for a CBI or independent judicial probe are not met. The protests have garnered support from various organisations, with one leader on an indefinite hunger strike.
Prime Minister Narendra Modi announced six guarantees for West Bengal if the BJP wins the Assembly polls, promising to end the 'reign of fear' and address corruption, while criticising the TMC government's performance.
Activist Sonam Wangchuk's health is rapidly deteriorating on his 17th day of hunger strike, prompting widespread appeals from prominent political figures and Bollywood celebrities for him to end his fast and for the government to address the urgent demands for NEET examination reforms.
State governments want the Centre to direct the 14th Finance Commission to compensate states for implementing pay scales, to be recommended by the pay panel.
The Delhi High Court has intervened in a dispute between Delhi Public School, Dwarka, and parents over fee hikes, ordering the reinstatement of expelled students and directing partial fee payments.
The Delhi High Court has intervened in a fee dispute between Delhi Public School, Dwarka, and parents, ordering the reinstatement of 25 expelled students and directing parents to pay 50% of outstanding fees.
The 7th CPC places the Indian Police Service (and, almost in passing, the Indian Forest Service) on a level with the Indian Administrative Service, leaving the military out in the cold.
The recommendations will benefit 47 lakh central government employees and 52 lakh pensioners.
Hopefully, the BJP will realise that it's the right time for parivartan (change) in its polarising poll strategies after achieving the impossible-looking goal of winning West Bengal, argues Sheela Bhatt.
Entry-level employees were the most disappointed.
'You've got to understand it is not easy to die by suicide.' 'People commit suicide only when they lose everything and find no other way to live.'