8th Pay Commission, Dec. 29 -- The Union Cabinet led by Prime Minister Narendra Modi has approved the 8th Pay Commission already, and lakhs of central government employees and pensioners are awaiting a salary hike.

The members of the Central Pay Commission (CPC) have also been announced, and will be Justice (Retd.) Ranjana Prakash Desai. Pankaj Jain, a 1990-batch IAS officer, has been appointed as the member-secretary, and Pulak Ghosh, professor at IIM Bengaluru, has joined as a part-time member.

With the 8th Pay Commission members announced, employees are now expecting a salary hike soon.

"Usually, the recommendations of the pay commissions are implemented after a gap of every ten years. Going by this trend, the effect of the 8th Cent...