Tag: 8th
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Finance Ministry’s Response on DA Inclusion in Basic Pay Under 8th Pay Commission
8th Pay Commission: As the central government employees await the implementation of the 8th Pay Commission, the Finance Ministry recently clarified whether dearness allowance or dearness relief (DA/DR) will be merged with basic pay under the new commission. Earlier this year, Union Minister Ashwini Vaishnaw announced that the Centre had approved the implementation of the…
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8th Pay Commission: Finance Ministry Reveals Beneficiary Employee and Pensioner Numbers
The Centre on Monday told the Lok Sabha that 50.14 lakh central government employees and approximately 69 lakh pensioners stand to benefit from the 8th Central Pay Commission (CPC). The figures were shared in a written reply by Pankaj Chaudhary, Minister of State in the Ministry of Finance. “The number of central government employees is…
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Finance Ministry Confirms Funding for 8th Pay Commission Implementation Date
Ever since the Centre notified the 8th Pay Commission Terms of Reference (ToR) last month and its content came out, central government employee unions and representative bodies – including the Staff Side of the National Council of Joint Consultative Machinery (NC JCM) – expressed their dissatisfaction regarding certain aspects of the ToR. Employee unions alleged…
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Finance Ministry Addresses Pension Revision Concerns: Relief for Central Government Employees Ahead of 8th Pay Commission
8th Pay Commission update: In a fresh development, the Finance Ministry has clarified certain concerns flagged by various labour unions and employee representative bodies regarding the 8th Pay Commission Terms of Reference (ToR). Ever since the government notified the ToR, a small but crucial omission about the absence of the ‘pension revision’ term had set…
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Clarity on 8th Pay Commission Pension Revision for Central Government Pensioners
Ever since the central government announced Terms of Reference (ToR) for the 8th Pay Commission (8th CPC), many employee and pensioner bodies have written to the Prime Minister and the Finance Minister to instruct the 8th CPC to amend ToR and also include the topic of pension revision. The Finance Ministry clarified in Rajya Sabha…