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HomePersonal Finance7th pay commission: Big news! Arrears will be paid, up to 40,000...

7th pay commission: Big news! Arrears will be paid, up to 40,000 rupees will come in the account in June, know details

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The third installment will be paid to the serving employees in cash or preparations have also been made to deposit it in the provident fund scheme.


On one hand, the Modi government of the country has also announced DA hike for its 7th pay commission employees. At the same time, no major statement has come out on the 18-month arrears. Meanwhile, DA increase for state employees has also been announced by many state governments. At the same time, now the state government has taken a big decision in this matter. Under the 7th Pay Commission (7th cpcs), the arrears amount will be paid to the government employees soon. Due to which there is a possibility of increasing their account up to a maximum of 40 thousand rupees.

According to the new update, a decision has been taken by the Uddhav government of Maha Vikas Aghadi to pay the third installment of the 7th Pay Commission dues of the state. After this decision taken on May 9, the amount will increase in the account of more than 17 lakh employees in the month of June. Actually, the third installment will be paid to the serving employees in cash or preparations have been made to deposit it in the provident fund scheme. According to the information, it has been agreed in the meeting, its official announcement is yet to be made.

On the one hand, the serving employees will be paid cash for this. The same will be deposited in the form of PF in the account of retired employees. Which will benefit lakhs of employees. Earlier, it was decided by the Uddhav government to give the third installment of the 7th Pay Commission dues. Two installments have already been paid by the government.

Here in the year 2019, the Seventh Pay Commission was implemented for the employees of the State Government as well as the Zilla Parishad and Municipal Corporation. At the same time, it has also been decided to pay the arrears in five equal installments in the next 5 years from 2019-20. After which now the employees will be left with more after depositing the third installment.

While the payment of this arrear of the government will benefit four lakh retired employees including 17 lakh government employees of the state, if the report is to be believed, then Group A cadre officers will get a benefit of 30 to 40 thousand from this payment while Group B cadre officers will get benefit. Group C category employees will get 20 to 30 thousand, they will get the benefit of 10 to 15 thousand in the account while 8 to 10 thousand will come in the account of fourth category employees.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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