8th Pay Commission: Govt employees’ salary may rise by up to 34 pc, says report; know fitment factor, timeline

8th Pay Commission: Govt employees’ salary may rise by up to 34 pc, says report; know fitment factor, timeline

The 8th Pay Commission may bring a massive 30–34% hike in salaries and pensions of over 1.12 crore central government employees and pensioners, says Ambit Capital. Fitment factor may range from 1.83 to 2.46. Know possible implementation date, impact on GDP, and who benefits most. | Source: The Financial Express

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