8th Pay Commission: Can India afford a 3.5 fitment factor? Salary hike, fiscal impact explained
New Delhi, June 4 -- The 8th Pay Commission discussions continue to gain momentum. According to the official website of the Commission, the last date of submission of responses to the 8th Pay Commission has been extended up to 15 June.
The most critical focus area of the 8th Pay Commission remains its 'fitment factor'. This metric is the most closely followed, with stakeholders, pensioners, and associated parties pushing for a higher number to improve the lives of central government employees and pensioners, given that inflation is continuously rising.
Central government employees get one chance every decade to put their views forward and receive a salary increment, which again lasts for the next decade. In a normal career of three deca...
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