There is good news for 7th Pay Commission employees. There will be a big increase in their salary in Diwali or November. This will benefit more than 1 crore central employees and pensioners.
The government may announce an increase in the internal rate of return for government employees in November. With the increase in AICPI figures in July-August, the way to increase DA was cleared. Shram Uphaar Scholarship (Gift Scholarship Statistics) Ministry of Statistics has been issued. Currently, employees receive 28% of the internal rate. It will accelerate in the coming days.
Gift scholarships reach 31 percent
According to the Labor Ministry, the All India Consumer Price Index (AI CPI-IW) for industrial workers has increased in August 2021. It has increased to 123. The figures for September are yet to come. With this, the DA of employees is expected to be increased from 28 per cent to 31 per cent. Its direct benefit will be around Diwali to the employees. However, this benefit should not be available from next month. But, there may be an announcement.
Salary will increase by Rs 10-90 thousand
According to JCM Secretary Shiv Gopal Mishra, central employees should get salary at the rate of inflation. The government has not yet clarified the outstanding position. In such a situation, if 3% DA is announced in November, then it will definitely be a matter of relief. If the basic salary of an employee is Rs 30,000 then his salary will increase by Rs 900 per month. There will be a direct increase of Rs 10,800 in their total salary on an annual basis. The salary of cabinet secretary level officers is Rs. 7500 will increase. That is, those with a maximum of 2.5 lakh rupees per month will get a benefit of 90 thousand rupees on an annual basis.
The gift allowance is based on the salary of the employees. The internal rates are different for government employees working in urban, semi-urban and rural areas. The gift stipend is calculated on the basis of basic salary. A formula has been developed to calculate the subsidy payment as determined by the Consumer Price Index.
What is Dearness Allowance?
Dearness Allowance is money given to government employees to improve their cost of living. This money is paid in such a way that even after rising inflation, there is no difference in the standard of living of the employee. This money is given to government employees, public sector employees and pensioners.
It started during the Second World War. At that time, this money was given to the soldiers for food and other facilities besides salary. At that time it was called Durans Allowance or Durans Food Allowance. Dearness Allowance was introduced for the first time in India in 1972 from Mumbai. After this the central government started giving subsidy to all government employees.
Change happens every 6 months
DA is given to improve the quality of life and food of the employees. Scholarships are provided to government employees, pensioners and public sector employees. Gift pay is provided so that employees do not face any problem in living their life even after rising inflation. Dearness Allowance is usually changed every 6 months in January and July.
