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HomePersonal Finance7th Pay Commission Important update: From 4% DA Hike to 18 Months...

7th Pay Commission Important update: From 4% DA Hike to 18 Months Arrears… 4 gifts to be received in August, see latest update from center

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7th Pay Commission Important update: The month of August is going to be good for the central employees. If the government talks on the demand of the employees, then they can get 4 big gifts in a single month. Let’s know what is the update…



7th Pay Commission DA Hike: There is great news for central employees. The central government can give him 4 big gifts next month. The first gift can be received in the form of an increase in dearness allowance. At the same time, talk can also be made on the DA arrears i.e. the arrears stopped for 18 months. Apart from this, the demand for fitment factor is also likely to be discussed. The way is also being cleared regarding the 8th Pay Commission. All these four updates can come by the end of August. In such a situation, a big jump can be seen in the salary of central employees.

DA may increase by 4%
4% increase in dearness allowance is almost certain. In August, the total dearness allowance will increase to 38 percent. Consumer inflation data (AICPI-IW Index numbers) has confirmed that DA may increase by 4%. However, the inflation data for June 2022 is yet to come. This figure will also come on July 31. After that all the situations will be clear. It is being told that it can be approved in the cabinet to be held early next month.

7th Pay Commission: Demand for fitment factor may be considered


Central and state employees have long demanded that their fitment factor should be increased from 2.57 times to 3.68 times. According to sources, the government can consider this demand of central employees. This can be discussed with the Cabinet Secretary in late August. If this happens then it can be very beneficial for the central employees. Due to increase in fitment factor, the salary of the employees can increase by Rs 8000.

If DA Arrear comes then you will get big money
18 Months DA Arrear new update: There is a lot of agitation regarding the stuck arrears of dearness allowance of central employees. Employees have not received DA arrears of dearness allowance between January 2020 and June 2021. Arrears outstanding for 18 months. Since the announcement of DA, unions of central employees are continuously demanding the dearness allowance. Pensioners also appealed to PM Modi regarding their DR arrears. Now once again there is hope. Efforts are on to negotiate with the government regarding the one and a half year arrear (18 Months DA Arrear). The union believes that the government should make a negotiated settlement.

Discussion about 8th Pay Commission also
The recommendations of the Seventh Pay Commission (7th Pay Commission) are applicable for the increment of Central Government employees. But, the employees say that they are getting less salary than the recommendations. Salary components are getting the benefit, but much less than the recommendation. At present, the minimum wage limit is starting from Rs 18000. The Fitment Factor has the biggest role in this. Right now the fitment factor is 2.57 times. With the implementation of the 8th Pay Commission, it can be increased to 3.68 times. If it increases this much, then the minimum wage can increase from Rs 18 thousand to Rs 26,000. In such a situation, now the discussion has started among the employees regarding the 8th Pay Commission.

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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