Saturday, December 10, 2022
HomeBusiness7th Pay Commission News: States increased dearness allowance, know when the Modi...

7th Pay Commission News: States increased dearness allowance, know when the Modi government is going to take the decision

DA Hike Latest News: In recent times, many states of the country have decided to increase the dearness of government employees. In which the governments of Madhya Pradesh, Gujarat, Chhattisgarh and Tripura are included. By the way, assembly elections are to be held in all these states in one to one and a half years. This is also a big reason that these governments have taken this decision to get the votes of government employees and their family members. But now everyone’s eyes are on the central government that when it announces to increase the dearness allowance of its central employees.

It is difficult to say anything at the moment on the formation of the 8th Pay Commission. Because the Central Government has made it clear that there is no proposal in front of the government for the formation of the 8th Pay Commission for the salary hike of the central employees. But the Modi government can give a big gift to the central employees and pensioners to control the damage. It is believed that the government can seal the increase in dearness allowance of central employees in the meeting of the Union Cabinet during the festive season.

Let us tell you that the central government revises DA and DR twice a year during the month of January and July on the basis of retail inflation data. Inflation in the country has reached above the estimates of RBI. Retail inflation has gone above the RBI’s tolerance level of 6 per cent. In the month of July, the retail inflation rate has been 6.71 percent. For the first half of the year 2022, from January to June, the government has increased the dearness allowance. Now the increase in dearness allowance for the month of July to December is awaited.

How much will DA increase!
After the data of All India Consumer Price Index for Industrial Workers, it is expected that dearness allowance can be increased by 5 percent. It is being said that dearness allowance of central employees can be increased by 39 percent. With the increase in dearness allowance, a tremendous increase in the salary of central employees is possible. Dearness allowance of central employees can be increased from 34 percent to 39 percent. This decision of the central government will affect 47 lakh employees and 68 lakh pensioners.

- Advertisement -
MOBILE

- Advertisment -

- Advertisment -spot_imgspot_imgspot_img

Auto

Two Wheeler

BUSINESS AND FINANCE

Digit News

spot_img