8th Pay Commission Latest News : Hello friends, through this post today we want to inform you that due to the delay in the payment of the 8th Pay Commission, there is a high possibility of a major impact on the economy. A fresh report has been given by private think tank QuantEco Research.
According to which, the delay in the 8th Pay Commission is going to spoil the balance of economic development and inflation, and there is a high possibility that the Reserve Bank of India may be forced to increase the interest rate at the end of 2027 or 2028. So let’s try to know the entire report in detail.
8th Pay Commission Latest News
Let us tell you that due to the delay in the payment of the Central Pay Commission, there is a high possibility of a huge impact on the economy of India. This has been shared according to the latest report given by a private think tank research. If the report is to be believed, then according to this, the delay will not only spoil the balance of economic growth and inflation, but also the RBI i.e. Reserve Bank of India will have to increase the interest rate in 2027 or 2028.
Recent reports have given information that the payment of 8th Pay Commission is being delayed due to administrative reasons. It was expected that the payment would start already but it is more likely that it will take at least one more year to be implemented.
Pension holder will get lump sum payment of arrears
After this delay, government employees and lakhs of pensioners will get lump sum payment. This will impact both economic development and inflation.
Let us tell you that what is expensive like food, drink and building, there is going to be more pressure on the price of other goods and services because the demand is going to increase and the house rent is going to increase immediately.
Know how much the minimum salary will increase
According to the report that has been released, the payment factor of the new pay commission is expected to be close to 2, which will not be less than the 2.57 of the seventh pay commission. Due to this, the minimum salary will be increased by ₹ 18000, which is said to be at least 35 thousand rupees or more likely to be ₹ 37000.
The cost of changes made in salary allowances and pension is likely to be around ₹200000 crore to Rs 2.5 lakh crore.
Which is more than double the cost of 7th Pay Commission of Rs 1 lakh crore. After this increase, more money will come in the pockets of government employees and lakhs of pension departments, due to which the spending capacity is going to increase.
