
Delhi government approves budget to install over 18,000 smart blackboards in government schools
Addressing a press conference, Sood said 2,466 smart blackboards will be installed in 'CM Shri Schools'.
"The work to install 18,996 smart blackboards will be carried out in five phases. A teachers' training module to teach using the blackboards has also been passed in the meeting," he said.
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Time of India
2 hours ago
- Time of India
8th Pay Commission: What could be the expected salary hike, fitment factor, and implementation date? Here's what a new report says
8th Pay Commission: Expected salary revisions 8th Pay Commission: Implementation expected to follow past timelines Impact on government finances and GDP Live Events You Might Also Like: 8th Pay Commission good news: Govt starts discussions on salary hike; check expected basic pay and dearness allowance Previous pay commission effects Consultations underway You Might Also Like: Why 8th Pay Commission may end up disappointing government employees and pensioners 8th Pay Commission: Expected salary hike Dearness allowance mechanism to remain in place Previous CPC set benchmark for revisions (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The 8th Central Pay Commission (CPC) is expected to be implemented by late 2026 or early 2027, according to a report by Kotak Institutional Equities. The government has announced the commission in January 2025 but is yet to finalise the Terms of Reference (ToR) or appoint its estimates that the minimum salary could rise from ₹18,000 to about ₹30,000, reflecting a fitment factor of around 1.8. This would lead to a real increase of nearly 13% in pay for central government employees affected by the revision. A total of around 3.3 million central employees, mostly from Grade C category, are likely to benefit the most. Grade C workers make up nearly 90% of the central government timeline for the 8th CPC is expected to follow the pattern of previous commissions. The 6th and 7th CPCs took around 1.5 years to complete their reports. After that, the government took another 3 to 9 months to implement the recommendations post Cabinet approval. Kotak said, "The 8th CPC is unlikely to be implemented before late 2026 or early 2027."The estimated financial burden of the new pay commission could range between ₹2.4 lakh crore and ₹3.2 lakh crore, or about 0.6–0.8% of India's GDP. While this could add pressure to the fiscal budget, past pay revisions have shown temporary positive effects on the noted that the pay hike may give a brief push to consumption and savings. 'We expect the 8th CPC to provide a temporary boost to consumption and savings,' the firm said. The impact is expected to be visible in sectors like automobiles and consumer staples. However, such gains have typically been firm also said that the revised pay structure may encourage more savings in both physical and financial assets such as equities and bank deposits. Kotak estimates that the pay revision could lead to incremental savings of ₹1–1.5 lakh last major revision, the 7th CPC, combined with the One Rank One Pension scheme, added about two percentage points to India's GDP growth in FY17. While similar growth is not guaranteed this time, Kotak believes the overall economic impact will still be significant, particularly in the short government has not shared further updates on the 8th CPC beyond its announcement in January 2025. Until the ToR and commission members are finalised, the process remains in its early per a report last week, the Ministry of Finance has started holding early consultations with major stakeholders to set up the 8th Central Pay Commission. These talks include departments such as Defence, Home Affairs, and Personnel and Training, along with state governments. These discussions are intended to collect feedback ahead of the official notification of the a written reply in Parliament, Minister of State for Finance Pankaj Chaudhary said, 'Inputs have been sought from major stakeholders, including Ministry of Defence, Ministry of Home Affairs, Department of Personnel & Training and from states.'Chaudhary also told the Lok Sabha that the appointment of the chairperson and other commission members will take place once the 8th CPC is formally constituted. No appointments have been made so upcoming CPC may propose a fitment factor of 1.8 for salary revision. This would be lower than the 2.57 factor adopted in the 7th Pay Commission. While a fitment factor of 1.8 implies an 80% increase in the basic pay structure, the real impact on net salary would be reduced because the existing dearness allowance (DA)—currently around 55%—would reset to zero under the new the fitment factor of 1.8 is accepted, the minimum basic salary may increase from ₹18,000 to around ₹32,000. But after adjusting for current allowances, the actual increment would amount to an estimated 13%. For example, the present ₹18,000 base salary includes a DA component of about ₹9,900. Similarly, a base salary of ₹50,000 may be revised to ₹90,000, but since DA of around ₹27,500 is already included, the effective rise would be twice-yearly revision of dearness allowance is expected to continue under the 8th CPC. The DA, based on the Consumer Price Index for Industrial Workers, protects salaries and pensions from inflation. At present, revisions take place in January and July. By the time the new pay structure is introduced, the DA is projected to exceed 60% of the existing basic 7th Pay Commission, headed by Justice A K Mathur, recommended an overall rise of 23.55% in salaries, pensions, and allowances. The government approved most of the proposals with effect from January 1, 2016. The structure and impact of the 8th CPC are likely to be shaped by current economic conditions and inflation, but will follow broadly the same process, beginning with the collection of inputs from relevant departments and states.


Time of India
19 hours ago
- Time of India
CM Shri Schools likely to be ready by Sept
New Delhi: In a bid to modernise public education in the city, Delhi govt is likely to inaugurate the CM Shri Schools in Sept, officials said. These schools promise to provide students with access to cutting-edge facilities and a transformed learning atmosphere, officials said. Delhi govt has earmarked 75 schools for development under this initiative. Introduced earlier this year in the 2025-26 Delhi budget, the programme focuses on converting govt schools into hubs of technology-enabled, advanced education in line with the National Education Policy 2020. "Modelled after the Centre's PM Shri Schools, these schools emphasise cultivating 21st-century competencies alongside promoting sustainability and eco-conscious practices," an official said. You Can Also Check: Delhi AQI | Weather in Delhi | Bank Holidays in Delhi | Public Holidays in Delhi "Most of the 75 designated schools are currently undergoing transformation with preparations advancing swiftly to meet the deadline." Delhi govt allocated Rs 100 crore in its budget to establish and develop these institutions. Initially, 60 schools were announced in March, but the plan has since expanded to 75, with the goal of making all of them operational within a year. Their curriculum will align with the National Curriculum Framework 2023, ensuring it meets the evolving needs of today's learners.


India Today
20 hours ago
- India Today
Delhi government to honour martyrs by renaming schools, says minister
Delhi government has put forth a plan to name certain government schools after martyrs from Delhi. The idea, shared by Education Minister Ashish Sood during a Kargil Vijay Diwas gathering at Shivaji College, aims to preserve the memory of those who died in service and to offer students a steady reminder of civic duty.'It is our responsibility to keep the memories of our heroes alive,' Sood said, addressing students, faculty, and family members of martyrs present at the event. The minister stated that naming schools after martyrs would serve not only as a tribute to their sacrifice but also as a reminder to future generations about the values of service and tributes were offered to three former students of Shivaji College who lost their lives in the Kargil conflict, Captain Sumit Roy, Captain Anuj Nayyar, and Captain event was also attended by Captain Roy's mother, Swapna Roy, who joined others in remembering the young officers' highlighted the youth of these officers, noting that they were barely out of college when they took command in critical battles.'They showed the kind of leadership that is rare. Their courage ensured the Indian flag remained firmly placed on our mountains,' he education minister used the occasion to speak about the broader meaning of said service to the country can take many forms, following rules, maintaining cleanliness, and caring for public spaces are also acts of national responsibility.'Everyone wants to look up to Bhagat Singh, but few want to raise him. Yet even today, many Indian families raise children willing to serve and sacrifice,' he also praised Prime Minister Narendra Modi's initiative of establishing the National War Memorial in New Delhi and acknowledged the daily practice of honouring the families of martyrs said this effort gives national recognition to their sacrifices and keeps their memory alive in public behalf of Chief Minister Rekha Gupta, the minister assured families of continued government support.(WITH INPUTS FROM PTI)- Ends