7th pay commission latest news: Big boost in salary! Cabinet to approve 5% per cent DA today?

7th pay commission latest news today: The long wait of over one crore central government employees as well as pensioners for increase in dearness allowance (DA) is likely to end, as Centre is all set to give the biggest gift to them and that too today itself. If sources are to be believed, a decision to increase the dearness allowance of government employees may be taken in the meeting of the Union Cabinet slated today. However, there may be a problem. In view of assembly elections in Maharashtra and Haryana, the government would have to first get the approval of the Election Commission of India.

There are 1.1 crore employees and pensioners in the central government, and the cabinet approval will benefit them the most, because they would possibly get the maximum increase in DA by 5 percent. If the government goes ahead with this increase, the salary of these employee under the 7th Pay Commission pay scale will increase from Rs 900 to as much as Rs 12500 per month.

Harishankar Tiwari, former chairman of the AG Office Brotherhood, Prayagraj, who has been involved with computation process of DA, told Zee Business Online that AICPI figures between January and June 2019 have risen. The DA for June has been 17.09 per cent which is more than 5 per cent as compared to December.

Notably, the central government had increased the DA by 3 per cent from January 2019. HS Tiwari said that anyway, the central government has been announcing DA hike before the festival of Dussehra. Earlier, it has been announced in the month of March and September.

If this announcement is made by government, central government employees would see the biggest benefits in 3 years. Currently, the dearness allowance of central government employees stands at 12 per cent, and this has witnessed a maximum increase of 3 per cent

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The calculation of DA is in fact done according to the AICPI data. This is done in the following manner.

June 2019: AICPI-316
Total 12 months: 3673 (301 + 301 + 301 + 302 + 302 + 301 + 307 + 307 + 309 + 312 + 314 + 316) / 12) - (261.4) x100 / 261.4)
Increase in DA: 17% -12% = 5%