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Before Holi, the country’s government employees are going to get big good news. According to media reports, the Modi government may increase the inflation allowance by 4 per cent. Central Government Employees.
The government may increase the inflation relief allowance
According to media reports, after the announcement of the All India Consumer Price Index and the introduction of the Union Budget 2021 in Parliament, the inflation allowance has gone up by 4 per cent. According to sources, the government may increase dearness relief by 4 per cent. Also can pay other outstanding allowance.
The recommendation of the 7th Pay Commission will be implemented
The government’s announcement on DA hike will be based on the recommendation of the 7th Pay Commission. Currently the central employee gets a DA of 17 per cent. That’s 4% of DA and an increase in total DA.
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The state can run on the formula of the center
According to the report, freezing the DA and DR installments for central government employees and pensioners will bring the combined savings to Rs 37,530 crore this financial year. These savings are also being made in the year before that. Let me tell you that state governments can generally comply with the Centre’s order on DA and DR. It is estimated that the state government can also save Rs 82,566 by suspending the DA-DR of employees and pensioners adopting this formula of the Center.
7th Pay Commission Latest News – DA, PF, Gratuity, other allowance news