8th central pay commission: Who is IIM Bangalore professor, EAC member and the panel’s part-time member Pulak Ghosh?

The 8th central pay commission (CPC) has scheduled visits for consultations with employee representatives in Telangana, Ladakh and Jammu & Kashmir in May and June. The first visit will be to Hyderabad (Telangana) from 18-19 May, then to Srinagar (Jammu and Kashmir) from 1-4 June, followed by a visit to Ladakh UT on 8 June.
Separate meetings in Delhi, Vishakhapatnam (Andhra Pradesh) and cities in other states and union territories will be announced “in due course” in the coming months, he added.
The 8th CPC, constituted by Prime Minister Narendra Modi, will take major decisions on salary hikes and compliance factor, on the basis of which updated compensation for central government employees and pensioners will be finalised.
8. CPC: Who is Professor Pulak Ghosh, part-time member?
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8. Central Pay Commission (CPC) is a government panel set up to revise salaries, allowances and pensions of central government employees and pensioners. The panel is chaired by former Supreme Court Justice Ranjana Prakash Desai and the other members are Professor Pulak Ghosh and Pankaj Jain.
8. The Pay Commission gathers views and input from trade unions, worker groups, ministries and pension institutions. It is also holding consultative meetings with various stakeholders, including defense and railway workers’ unions, to discuss their concerns and suggestions.
Professor Pulak Ghosh is a tenured Professor of Finance, Decision Sciences and Public Policy at IIM Bangalore and a Member of the Prime Minister’s Economic Advisory Council. 8. He serves as a part-time member of the Central Pay Commission.
Consultative meetings allow for direct interaction with employee bodies, providing a platform for airing concerns and complaints. They provide a transparent government review process by facilitating the collection of ideas and input to review wages, salaries, allowances and service rules.
Stakeholders wishing to attend the meetings must apply through the official NIC portal and complete the submission process using a valid Grade ID generated after filling out their declaration. Only shortlisted applicants will be informed and interactions planned.
According to his official website, Pulak Ghosh is a tenured Professor of Finance, Decision Sciences and Public Policy at IIM Bangalore and a Member of the Prime Minister’s Economic Advisory Council. “A leading Technology Statistician-Economist, Prof. Ghosh works at the intersection of artificial intelligence (AI), big data, finance and public policy, with research spanning financial intermediaries, household finance, development finance and sustainability/ESG,” he added.
Ghosh has held many key policy and advisory roles, including Senior Fellow at NITI Aayog, Member of the National Statistical Commission, Chairman of SEBI’s Committee on Artificial Intelligence in Trade, and advisory positions with the RBI Academy, NSE and UN Global Pulse (Big Data initiative). He added that he played a key role in shaping the 2018 employment report using EPFO data and the Prime Minister-Kisan Samman Nidhi Scheme in 2019.
The professor has published extensively in leading international journals such as Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Management Science and Biovizyonka. His work has been cited by the World Bank, Government of India, RBI and NITI Aayog.
He also added that he is the owner of many prestigious national and international awards in the fields of finance, statistics and econometrics.
8. CPC members: Who else is on the panel?
The current panel consists of eight such committees constituted by the central government since Independence. It is chaired by Former Supreme Court Judge Ranjana Prakash Desai. Other members on the panel are Member of the Prime Minister’s Economic Advisory Council, Professor Pulak Ghosh, tenured Professor of Finance, as Member-Secretary, and Pankaj Jain, former IAS, as Member-Secretary.
8. What decisions will the Salary Commission make?
The Pay Commission is a government panel set up every 10 years to review the pay, allowances and pensions of central government employees and retired veterans. Gathers views and input from employee unions, labor groups, ministries, pension agencies and other similar stakeholders; These will then be analyzed to decide on allowances, pension formula and salary structures for relevant groups of employees and retirees.
8. CPC has extended the deadline for stakeholders to submit recommendation notes ahead of panel recommendations. In its official statement last week, the commission invited representatives of central government employees to submit their proposals and declarations and extended this deadline by one month, until May 31, 2026 at the latest. The application process started on March 5, 2026 and the deadline was April 30.




