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8th Pay Commission: What is the fitment factor; how it may impact salary hike of central government employees
The central government is in consultation with various ministries and state governments to establish the 8th Central Pay Commission (CPC), which will revise the pay structures for approximately 50 lakh central government employees and 62 lakh pensioners. The fitment factor, a key component in salary calculation, will determine the extent of basic pay increases.
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