7th Pay Commission latest news today: Dearness Allowance hiked by up to Rs 12,500 pm! Central government employees get Diwali gift from Modi 2.0
7th Pay Commission latest news today: Dearness Allowance of central government employees has finally been declared! Yes, employees have received a big gift before Diwali this year. Modi government has increased the dearness allowance (DA) of employees and pensioners by 5 per cent.
7th Pay Commission latest news today: Dearness Allowance of central government employees has finally been declared! Yes, employees have received a big gift before Diwali this year. Modi government has increased the dearness allowance (DA) of employees and pensioners by 5 per cent, which is by far the biggest benefit for central employees. There are over 1.1 crore central employees and pensioners who will be directly benefitted. In the meeting of the Union Cabinet chaired by Prime Minister Narendra Modi, it was decided to increase DA (dearness allowance) of government employees. This time the DA has been increased by 5% and with this increase, the salary of the employees getting 7th pay commission pay scale will get an increase from Rs 900 to Rs 12,500 per month.
7th Pay Commission: DA
Harishankar Tiwari, Former Chairman of the AG Office Brotherhood, told Zee Business Digital that AICPI figures have increased between January and June 2019. The DA for June was 17.09% which is more than 5% as compared to December. That is why the government has increased it by that amount now.
7th Pay Commission: Early Diwali
It's early Diwali for 50 lakh Central government employees! Keeping in mind the festive season, PM Narendra Modi-led Cabinet has announced 5 per cent hike in Dearness Allowance (DA) for Central government employees. Not only Central government employees, but pensioners too will get the benefit of this big decision from the Modi government.
7th Pay Commission DA hike Announced late
Earlier, the government had increased the DA by 3% in January 2019. HS Tiwari said that the central government had announced the increase in DA before Dussehra previously, but this time it is being announced late.
7th Pay Commission DA hike highest in 3 years
This time the central government employees have received the highest DA hike in 3 years. At present, the DA of government employees is 12 per cent, which is a maximum of just a 3% increase.
7th Pay Commission: DA calculator
Dearness Allowance calculator:
> June 2019: AICPI-316
>12 Months total: 3673 (301+301+301+302+302+301+307+307+309+312+314+316)/12)-(261.4)*100/ 261.4)
> Increase in DA: 17%-12%=5%