Pay Commission
Kartavya Desk Staff
Source: IT
Context: The Union Cabinet, chaired by Prime Minister, has approved the establishment of the 8th Pay Commission, aiming to revise the salaries of nearly 50 lakh central government employees and allowances for 65 lakh pensioners.
About Pay Commission:
• What it is: A body established by the Central Government to review and recommend changes to the salary, allowances, and pension structures of central government employees and pensioners.
• Established by: Department of Expenditure, Ministry of Finance, Government of India.
• Aim: Ensure fair compensation for government employees. Recommend formulas for revising Dearness Allowance (DA) and Dearness Relief (DR) to offset inflation impacts.
• Ensure fair compensation for government employees.
• Recommend formulas for revising Dearness Allowance (DA) and Dearness Relief (DR) to offset inflation impacts.
• Functions: Review pays and allowances of central government employees. Suggest structural changes to enhance governance. Ensure financial sustainability of salary revisions.
• Review pays and allowances of central government employees.
• Suggest structural changes to enhance governance.
• Ensure financial sustainability of salary revisions.
• History of Pay Commissions: 1st Pay Commission: Year: 1946 Headed by: Srinivasa Varadachariar 7th Pay Commission: Year Established: 2014 Implemented: January 1, 2016 Key Changes: Fitment factor set at 57, raising the minimum basic pay from ₹7,000 to ₹18,000. Maximum salary revised to ₹2,50,000. Expenditure increases of ₹1 lakh crore for FY 2016-17.
• 1st Pay Commission: Year: 1946 Headed by: Srinivasa Varadachariar
• Year: 1946
• Headed by: Srinivasa Varadachariar
• 7th Pay Commission:
• Year Established: 2014
• Implemented: January 1, 2016
• Key Changes: Fitment factor set at 57, raising the minimum basic pay from ₹7,000 to ₹18,000. Maximum salary revised to ₹2,50,000. Expenditure increases of ₹1 lakh crore for FY 2016-17.
• Fitment factor set at 57, raising the minimum basic pay from ₹7,000 to ₹18,000.
• Maximum salary revised to ₹2,50,000.
• Expenditure increases of ₹1 lakh crore for FY 2016-17.
Insta links:
• Implementing-pay-commission-recommendations