FINANCE

8th Pay Commission: Big update for central govt staff! Clarity on formation of next pay commission may emerge next month

The National Council of JCM is set to meet next month to discuss the potential establishment of the 8th Pay Commission, with employee unions seeking clarity on the issue.

8th Pay Commission: The National Council of the Joint Consultative Machinery (JCM), the apex body in the JCM scheme which deals with various issues affecting central government employees, will reportedly hold a meeting next month.

Read More: SBI vs PNB 400 Days Fixed Deposit, Which Bank Offers Higher Interest Rate?

The scheme of JCM is a platform for constructive dialogue between the representatives of the staff side and the official side for peaceful resolution of all disputes between the government as employer and the employees.

According to some reports, central government employee unions are hoping to get some clarity next month on the Centre possibly setting up the 8th Pay Commission.

As per the JCM scheme, ordinary meeting of the National Council/ Departmental Council may be held as often as necessary as but not less than once in four months.

Read More: DA Hike 2024: This State Announces 3% Dearness Allowance Increase For Employees, DR For Pensioners

The National Council of JCM is led by the Union Cabinet Secretary and includes representatives from recognized employee unions and service associations.

Shiv Gopal Mishra, secretary (staff side) of NC-JCM, reportedly said that a clarity on 8th Pay Commission’s formation is expected in the next month’s meeting. “We will definitely raise this matter,” he was quoted as saying in the report.

The National Council of the Joint Consultative Machinery (JCM) has already submitted two memorandums, seeking seetting up of the pay commission at the earliest.

The first memorandum was presented to Rajiv Gauba, the Union Cabinet Secretary during the Union Budget presentation in July. Mishra noted that the second memorandum was submitted to his successor, T.V. Somanathan, who assumed the role of Cabinet Secretary on August 30.

Read More: Post Office Savings Scheme: How Rs 5,000 monthly investment can grow to Rs 16 lakh

Ahead of the Union Budget 2024-25, presented in Parliament on July 23, various media reports speculated that the Centre might announce the formation of the 8th Pay Commission in the budget. However, this did not happen.

Although there were no announcements in the Budget, then Union Finance Secretary T V Somanathan, in a post-Budget interview, indicated that the government might make a decision on the matter in the near future. In an interview with a TV channel, Somanathan said that the next pay commission is due in 2026 and that there is still time, as we are currently in 2024.

“8th Pay Commission is due on January 1, 2026. We are currently in 2024. There is time for it,” Somanathan said.

The 7th Pay Commission was set up by the UPA government in February 2014, with its recommendations taking effect from January 2016.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top