look news india
7th Pay Commission: There is good news for more than one crore central government employees and pensioners. There is a possibility of an increase in dearness allowance and dearness relief of employees on the occasion of Diwali. According to sources, there is a possibility of a four percent increase in dearness allowance and dearness relief before Diwali next month i.e. in October.
In the second week of October, the Union Cabinet may approve the file of dearness allowance hike. Earlier it was believed that in September the central government could give the gift of DA/DR hike to its employees and pensioners. Currently the DA/DR rate is 50 percent. If there is an increase of 4 percent in it, then this rate will reach 54.
In fact, the Union Cabinet had announced a four percent increase in DA rates in 2022 on September 28. That year Diwali was on October 24. Therefore, the government had increased the DA/DR rates in the last week of September. Last year Dussehra was on October 24 and Diwali on November 12. The increase in DA was announced in the Union Cabinet meeting before Diwali.
This time Diwali is on November 1 and Dussehra is on October 13. In such a situation, DA can be increased in the Union Cabinet meeting to be held in the second week of October. The dearness allowance given to more than one crore employees and pensioners of the central government has increased by 4 percent from January 1.
With this increase, the rate of DA has reached from 46 to 50 percent. Now government employees can get a four percent increase in DA from July 1. However, the benefit of this DA gift will be available in October. Government / pensioners will get three months' arrears.
If DA becomes '54' percent then this will be the benefit
If the basic salary of an employee is Rs 18,000, then according to 54 percent dearness allowance, his salary will increase by about Rs 720 every month. DA at 50 percent will be Rs 9000 and at 54 percent it will be Rs 9720. That is, after the increase in the rate of DA, the salary of the employee will increase by Rs 720.
Similarly, employees with a basic salary of Rs 1 lakh will get an increase of more than Rs 4000 every month in their account. Their DA at the rate of 50 percent will be Rs 50,000 and at the rate of 54 percent it will be Rs 54,000. That is, after the increase in DA rate, their salary will increase by Rs 4000.