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HomePersonal Finance7th Pay Commission: Big news! You will get ₹ 30,000 apart from...

7th Pay Commission: Big news! You will get ₹ 30,000 apart from salary, know how

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7th Pay Commission latest news: Central employees are given many benefits apart from salary. There is also a provision for incentives. The amount of one of these incentives has been increased up to 5 times.



7th Pay Commission latest news: Many types of benefits are available in the salary of central employees. Every year their salary also increases in the form of dearness allowance. Apart from this, promotion and other allowances also get benefit. But, apart from this, if an employee earns a higher degree while doing a job, then he gets a separate benefit. The central government has increased the incentive amount up to 5 times for the employees who have achieved higher degrees. The incentive amount for the employees who have acquired higher degree like Ph.D. has been increased from Rs.10,000 to Rs.30,000.

Incentive for fresh higher education increased by 5 times

The Ministry of Personnel has amended the 20-year-old rules to increase the incentive amount for employees to achieve higher degrees. Under the old rules, till now, employees who achieved higher degrees during the job were given a lump sum incentive of Rs 2000 to Rs 10,000. But, from the year 2019, this incentive amount was increased from minimum Rs 2000 to Rs 10,000.

Which degree benefits how much?

According to the circular of the Ministry of Personnel, Rs 10,000 will be given as incentive for obtaining a degree diploma of 3 years or less. At the same time, 15000 rupees will be given for getting a degree or diploma of more than 3 years.

Who will get 30000 rupees?

20,000 will be given for obtaining a postgraduate degree/diploma of 1 year or less. At the same time, employees taking postgraduate degree / diploma of more than 1 year will get Rs 25,000. 30,000 rupees will be given to those who have acquired PhD or its equivalent qualification.

What are the things to keep in mind?

7th Pay Commission: In the instructions of the Ministry of Personnel, it has been clarified that no incentive will be given for obtaining pure academic education or higher qualification in literary subjects. The degree/diploma acquired by the employee should be related to the post of the employee or related to the work to be done in his next post. It states that there should be a direct relationship between competency and work. Let us tell you, these changes are effective from the year 2019.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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