7th pay commission latest news: Dearness allowance of central employees may increase by 3 percent. But, in such a situation, the new update can make them happy.
7th Pay Commission latest news: There is bumper good news for central employees. In March, he is going to get Holi gifts. This will bring a big jump in his salary. More than 1 crore central employees and pensioners will get its benefit. In the month of March, the government can announce to increase the Dearness Allowance of Central Government employees. Dearness allowance is to be announced for January 2022. After the AICPI data released in December, it is certain that the dearness allowance will increase by 3 percent.
Dearness allowance will be 34%
According to the Labor Ministry, the figure of All India Consumer Price Index for Industrial Workers (AI CPI-IW) has reached 125.4 in December 2021. Due to this 3 percent increase in DA of employees is confirmed. DA will be increased from 31 percent to 34 percent. This can be paid to the employees in the salary of March.
Salary will increase up to 90 thousand rupees
According to JCM Secretary Shiv Gopal Mishra, central employees should get money in proportion to inflation. The government has not yet clarified the situation regarding the arrears. In such a situation, if 3% DA is announced, then it is definitely a matter of relief. If the basic salary of an employee is Rs 30,000 per month, then his salary will increase by Rs 900 per month. On an annual basis, his gross salary will directly increase by Rs 10,800. The salary of cabinet secretary level officers will increase by Rs 7500 per month. Meaning, the maximum salary is 2.5 lakh rupees per month, they will get the benefit of 90 thousand rupees on an annual basis.
What is Dearness Allowance?
Dearness allowance is such money, which is given to government employees to improve their cost of living. This money is given so that even after rising inflation, there is no difference in the standard of living of the employee. This money is given to government employees, public sector employees and pensioners. It started during the Second World War. At that time, this money was given to the soldiers apart from the salary for food and other facilities. At that time it was called Food Dearness Allowance or Dearness Food Allowance. Dearness Allowance was first introduced in India in 1972 from Mumbai. After this, the Central Government started giving dearness allowance to all the government employees.
Change happens every 6 months
Dearness allowance is given to improve the standard of living and food of the employees. This allowance is given to government employees, pensioners and public sector employees. Dearness allowance is given so that even after rising inflation, the employees do not face any problem in living their lives. Usually the Dearness Allowance is changed every 6 months, in January and July.
DA is different
Dearness allowance is given on the basis of salary of the employees. Dearness allowance is different for government employees working in urban, semi-urban and rural areas. Dearness allowance is calculated on the basic salary. A formula has been fixed for calculating dearness allowance, which is determined by the consumer price index or CPI.
This formula is used
Percentage of Dearness Allowance = Average of CPI for the last 12 months – 115.76. Now the amount that comes will be divided by 115.76. The score that comes will be multiplied by 100.
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