New Delhi, Oct. 24 -- The 8th central pay commission (CPC) is in its consultation stage, gathering inputs from central government employees and pensioner groups, unions and stakeholders before it makes its final recommendations in May next year.

Former Supreme Court Justice Ranjana Prakash Desai is the Chair, and the panel includes Member-Secretary - Pankaj Jain, a former IAS officer, and Member of the Commission - Professor Pulak Ghosh, a tenured Professor of Finance and Member of the Economic Advisory Council to the Prime Minister.

The decisions are set to benefit more than 1 crore people, including around 50 lakh central government employees and about 65 lakh pensioners, including personnel and retirees with the defence and railway m...