⚡8th Central Pay Commission Approved: Salary, Pension Hike Likely with Higher Fitment Factor

The central government has approved the formation of the 8th Central Pay Commission (CPC) to revise the salaries and allowances of nearly 50 lakh central employees and 65 lakh pensioners. The fitment factor, a key element in salary revision, is under intense discussion, with employees closely monitoring potential hikes.