7th Pay Commission Latest Update: 2 Good News For Government Employees And Pensioners | Check Here
7th Pay Commission. There is good news for Central Government employees. There may be a bumper jump in salary soon.
7th Pay Commission. Central employees and pensioners can get two good news soon. PM Modi can soon give 2 big gifts to the employees. The central government has stated in Parliament that the requirement to increase the Dearness Allowance (DA) for central government employees under the 7th pay commission above 3% is invalid because the increase is done in line with inflation rates. On Wednesday, Prime Minister Narendra Modi’s cabinet was scheduled to meet to discuss the topic of DA hikes for government employees, but there was no official update on a decision. The government is anticipated to make a decision on the DA hike before the festival of Holi, reported by Zee News
During the second part of the budget debate on Tuesday, the Union government responded to various queries about why the Central Government Employees’ Dearness Allowance boost has remained stagnant at a time when inflation rates have risen. In addition, whether the administration will consider raising DA/DR in line with current inflation rates was questioned.
In response to a query about whether the “Government would consider giving DA/DR in accordance with prices and would not maintain DA/DR at static 3%,” the minister stated that the topic “does not arise” for the reasons stated above, according to Zee News.
7TH PAY COMMISSION: But If the government announces an increase in the fitment factor of central employees, their salaries will also increase.
Central employees who have been demanding to increase the fitment factor for a long time may get a great news soon. The central government is going to increase the salary of its employees. As per a leading news outlet, the government may soon give its approval to increase the fitment factor, as reported by DNA India
The central government employees’ unions have long been demanding to raise the minimum wage from Rs 18,000 to Rs 26,000 and also to increase the fitment factor from 2.57 times to 3.68 times. If the government announces an increase in the fitment factor of central employees, their salaries will also increase.
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Minimum wage will be increased by Rs 8,000.
If the government increases the fitment factor, the minimum wage will also increase.
As of now, employees are getting salary under the fitment factor based on 2.57 per cent, which will be increased to 3.68 per cent. Thereafter, the minimum salary of the employees will increase by Rs 8,000. This implies that the minimum wage of central government employees will be increased from Rs 18,000 to Rs 26,000.
Check here 34% DA calculation
If the dearness allowance of central employees increases by 2% or 3%, then it will increase from 31 percent to 33% or 34%. If the DA becomes 33% and the basic salary is Rs 18,000, then the DA to the employees will increase by Rs 5940 and adding TA-HRA, the salary will be Rs 31,136.
If the DA is 34 percent, then the dearness allowance of employees with basic salary of Rs 18,000 will be Rs 6,480 annually and dearness allowance of Rs 56,000 salary will be Rs 20,484 annually. This will benefit about 1 crore i.e. 68 lakh employees and 48 lakh pensioners.
See here the complete maths of DA Arrays
For example– If there is a decision on the outstanding DA, then the salary from January to June will be made up to around 2 lakhs.
If the employee’s basic salary is Rs 18,000, he can get arrears of DA for 3 months (4,320+3,240+4,320) = Rs 11,880.
If the basic salary of the employee is Rs 56,000 he will get DA arrears of 3 months (13,656 + 10,242 + 13,656) = Rs 37,554.
DA arrears for Level-1 employees ranges from Rs.11,880 to Rs.37,554, Level-13 (7th CPC basic pay-scale Rs. 1,23,100 to Rs. 2,15,900) and Level-14 (pay-scale) 1 of DA arrears Rs.44,200 to Rs.2,18,200.
(This figure is shown as an example, it is subject to change.)