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HomePersonal Finance7th Pay Commission: Good news for one crore central employees, salary will...

7th Pay Commission: Good news for one crore central employees, salary will increase by 90,000/-, know update details inside

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7th Pay Commission latest news, how to earn money: Great news has come out for the central employees. There will be a big increase in his salary around Diwali or in November. More than 1 crore central employees and pensioners will get the benefit of this.




The government can announce an increase in the Dearness Allowance for central government employees in the month of November. With the jump in AICPI data in July-August, the way for DA increase has been cleared. Labor ministry dearness allowance figures have been released. At present, the employees are getting 28% dearness allowance. It will accelerate in the coming days.

Dearness allowance will reach 31 percent
According to the Labor Ministry, there has been an increase in the All India Consumer Price Index for Industrial Workers (AI CPI-IW) in August 2021. With this it has increased to 123. September figures are yet to come. With this, the DA of the employees is believed to be increased from 28 percent to 31 percent. Its direct benefit will be around Diwali for the employees. However, this benefit should not be available from next month. But, there may be an announcement.

The salary will increase up to 90 thousand rupees, the
government has not yet clarified the situation regarding arrears. In such a situation, if 3% DA is announced in November, then it is definitely a matter of relief. If the basic salary of an employee is Rs 30,000 per month, then his salary will increase by Rs 900 per month. On an annual basis, his gross salary will directly increase by Rs 10,800. The salary of cabinet secretary level officers will increase by Rs 7500 per month. Meaning, those whose basic maximum is 2.5 lakh rupees per month, they will get the benefit of 90 thousand rupees on an annual basis.

What is Dearness Allowance?
Dearness allowance is such money, which is given to government employees to improve their cost of living. This money is given so 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 apart from the salary for food and other facilities. At that time it was called Food Dearness Allowance or Dearness Food Allowance. Dearness Allowance was first introduced in India in 1972 from Mumbai. After this, the Central Government started giving dearness allowance to all the government employees.




Changes happen every 6 months
Dearness allowance is given to improve the standard of living and food of the employees. This allowance is given to government employees, pensioners and public sector employees. Dearness allowance is given so that even after rising inflation, the employees do not face any problem in living their lives. Usually the Dearness Allowance is changed every 6 months, in January and July.

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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