
Thu Jan 16 15:46:37 UTC 2025: ## Modi Announces 8th Pay Commission, Predicting Economic Boost
**NEW DELHI, January 16, 2025** – Prime Minister Narendra Modi announced today the establishment of the 8th Pay Commission, a move he believes will significantly improve the quality of life for millions and stimulate the Indian economy. The commission will revise salaries for approximately 50 lakh central government employees and pensions for around 65 lakh retirees.
In a post on X, formerly known as Twitter, PM Modi praised the dedication of government employees and stated that the Cabinet’s decision to form the commission will lead to increased consumption and contribute to the development of a “Viksit Bharat” (developed India). The revised salaries are expected to inject a significant amount of money into the economy, boosting overall consumer spending.