8th Pay Commission: Will It Transform Salaries or Worsen Fiscal Woes?
The 8th Pay Commission has the potential to revolutionize government employee compensation while simultaneously addressing fiscal challenges. Recently approved by the Union Cabinet, the commission aims to revise salaries for nearly 50 lakh central government employees and update allowances for 65 lakh pensioners. Expected to take effect on January 1, 2026, the 8th Pay Commission … Read more