The Modi government has officially approved the formation of the 8th Finance Commission. During a cabinet meeting led by Prime Minister Narendra Modi, Information and Broadcasting Minister Ashwini Vaishnav announced this significant decision. The new commission is expected to present its report by 2026, coinciding with the conclusion of the 7th Pay Commission, which was established in 2016. Local 18 reached out to several central employees to gather their thoughts on this government initiative.
One railway employee, who preferred to remain anonymous, expressed that this move by the Modi government is very encouraging. He remarked, “This decision shows that the government is committed to making choices that benefit its employees. We have high hopes for this Finance Commission.”
Another individual working in a railway workshop shared their anticipation for salary increases as a result of the new commission, noting that it will also focus on broader economic reforms.
An employee from Bharat Heavy Electricals Limited mentioned that they had been eagerly awaiting the establishment of this Finance Commission and are thrilled about the announcement. A teacher from Rani Lakshmi Bai Central Agricultural University added, “The announcement of the Finance Commission a year in advance demonstrates the government’s concern for its employees. If the commission delivers its report on schedule, implementation will be much smoother.”
A scientist from the Central Agroforestry Research Institute expressed optimism that the Finance Commission will prioritize both economic reforms and the interests of employees.