The Economic Times

8th Pay Commission news: Pensioners' body in Chennai recommends 3.83 fitment factor; but can 8th CPC deliver it?

8th Pay Commission latest news: In a bold move, multiple employee unions are pushing for a minimum pay of Rs 69,000 in the 8th Pay Commission. Their demands include a fitment factor of 3.833, marking a significant hike compared to past commissions. Unions justify these demands through consumption basket assessments for families, while experts warn that the chosen fitment factor could greatly influence income and spending choices.