- Advertisement -
HomePersonal Finance7th Pay Commission: Dearness allowance may increase for central employees, decision possible...

7th Pay Commission: Dearness allowance may increase for central employees, decision possible today

- Advertisement -
- Advertisement -

It is estimated that the central government can give dearness allowance to the central employees before Diwali, this will directly benefit the 48 lakh employees of the country.




7th Pay Commission: Central employees may also bat in the festive season. Due to the Corona virus, where the dearness allowance of 4 percent of the central employees was stopped, now its way of meeting can be cleared. That is, if everything is fine, then the path of getting a good dearness allowance will be cleared today. It is being speculated that the dearness allowance of central employees may be increased before Diwali. It is possible to increase the salary of the employees. For this, on 21 October 2020, the government can announce a change in the base year (base year) of the CPI-IW. This will benefit about 48 lakh central employees and about 65 lakh pensioners of the country.

Also Read: Government Will Give Scholarship Of 80 Thousand Rupees Per Month , Know How ?https://www.businessleague.in/government-will-give-scholarship-of-80-thousand-rupees-per-month-know-how/

If the government reduces the base year to 2016, then the dearness allowance to employees will increase. According to media reports, the move will directly increase the salaries of central employees as their dearness allowance (DA) depends on the CPI-IW calculation. Currently, the government has frozen the increase in allowances for June 2021 in the wake of the corona virus epidemic. Employees are being paid 17 per cent DA at the previous rate. It also means that it may take some time to increase the salary of central government employees. Recently, the government had declared a Diwali pre-paid gift for the central employees. Employees can use this shopping card till March 31, 2021.

Explain that earlier this year, the central government had cleared the payment of DA and the process was about to begin, but in March, the payment of DA was stopped during the lockdown imposed due to Corona epidemic. This moratorium has been imposed till 2021.

RELATED ARTICLES

Most Popular

Recent Comments