The 8th Pay Commission is likely to retain a fitment factor close to the 7th Pay Commission's 2.57 multiplier as it weighs the fiscal impact on the Centre and states, according to a report.
The 8th Pay Commission is expected to retain a fitment factor close to the 7th Pay Commission's 2.57 multiplier. This decision is primarily driven by the need to manage the substantial fiscal burden on both central and state governments. This approach aims to ensure financial…
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