A question was raised in the Rajya Sabha about 8th Pay Commission Latest News that whether it was true that the government is considering not to set up the 8th CPC? To which the central government replied “No sir”.
So it is understood that the central Government will consider to constitute 8th pay Commission to to revise salaries, allowances and pension of Central Government employees and pensioners
Central Government about 8th Pay Commission-Rajya Sabha Reply
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
RAJYA SABHA
UNSTARRED QUESTION No. 1807
TO BE ANSWERED ON TUESDAY, AUGUST 02, 2022
SRAVANA 11, 1944 (SAKA)
“Review of salary/allowances/pension of Central Government employees/pensioners”
No 8th pay commission ?
1807: Shri Naranbhai J. Rathwa
Will the Minister of Finance be pleased to state:
(a) whether it is a fact that Government is considering not to constitute 8th Central Pay Commission (CPC) to revise salaries, allowances and pension of Central Government employees and pensioners;
(b) if so, the details thereof and the reasons therefor;
(C) whether it is also a fact that 7th CPC had recommended that Government should review the salary, allowances and pension of employees and pensioners every year rather than forming a new Pay Commission after a long period of ten years; and
(d) if so, the reasons for not implementing the recommendations of 7th CPC so far?
Government Reply to set up 8th pay Commission
ANSWER
MINISTER OF STATE IN THE MINISTRY OF FINANCE :
(SHRI PANKAJ CHAUDHARY)
(a) No, Sir
(b) Does not arise.
Revision of pay and allowances based on 7th CPC periodically
(C) The Chairman of 7th CPC in his forwarding of the Report in Para 1.22 had recommended that the matrix may be reviewed periodically without waiting for the long period of ten years. It can be reviewed and revised on the basis of the Aykroyd formula which takes into consideration the changes prices of the commodities that constitute a common man’s basket, which the Labour Bureau at Shimla reviews periodically. It is suggested that this should be made the basis for revision of that matrix periodically without waiting for another Pay Commission.
(d) This issue has not been considered by the Union Cabinet while according the approval for the revision of pay and allowances based on 7th CPC.
Para 1.22 in the report of 7th CPC is provided below
1.22 It is also recommended that the matrix may be reviewed periodically without waiting for the long period of ten years. It can be reviewed and revised on the basis of the Aykroyd formula which takes into consideration the changes prices of the commodities that constitute a common man’s basket, which the Labour Bureau at Shimla reviews periodically. It is suggested that this should be made the basis for revision of that matrix periodically without waiting for another Pay Commission.
1.23 We have also revised a large number of allowances and made them more relevant and rational. Those which have outlived their utility have been discontinued. We also recommend that each allowance should be placed in public domain as a step towards greater transparency in governance and ease of administration.
As government denied the message about 8th Pay Commission Latest News that it is considering not to constitute 8th Pay Commission, there is bright chances to set up 8th CPC near future
Source : gservants.com