SALARY HIKE FOR  EMPLOYEES

5 KEY FACTS YOU MUST KNOW ABOUT 8TH PAY COMMISSION 

Published By Gurpreet Singh | 17 Jan, 2025
The Union Cabinet approved the 8th Pay Commission, impacting 1.15 crore individuals, including employees, pensioners, and defence personnel, ahead of Budget 2025 and elections.
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Here are some key facts you must know about 8th Pay Commission: 
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Salary Hike for 50 Lakh Employees

The 8th Pay Commission will raise salaries for around 50 lakh central government employees, rewarding their contributions and improving financial stability.
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Relief for 65 Lakh Pensioners

Approximately 65 lakh pensioners, including retired defence personnel, will benefit from this government commitment.
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Impact on Delhi Employees

Approximately four lakh Delhi employees, including state government workers and defence personnel, will benefit from the new pay structure.
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Boost to Economy and Consumption

PM Modi emphasized that the 8th Pay Commission will enhance beneficiaries' quality of life and boost economic growth via consumption.
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Timely Announcement Before Union Budget

Announcement comes weeks before Union Budget 2025, indicating a strategy to address economic concerns effectively.
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