Under the 7th Pay Commission, the central employees are going to get great news soon. PM Modi can soon take a big decision regarding the outstanding DA arrears of the employees.
New Delhi: Under the 7th Pay Commission, the central employees are going to get great news soon. PM Modi can soon take a big decision regarding the outstanding DA arrears of the employees. Along with this, dearness allowance of central employees may also increase. Apart from this, interest on the amount deposited in the PF account can also be released soon.
Dearness allowance of employees is going to increase
The hike in dearness allowance depends on the data of AICPI. There was a jump in the AICPI index in the months of April and May. After this, the month of June also saw a jump in the AICPI index, after which it has reached 129.2 points. In this context, it is expected that the dearness allowance can be increased by 4 percent in the coming time.
DA arrears can be issued
The DA arrears of central employees have been stalled for the last 18 months. Now this matter has reached the high level committee, in view of which it is expected that soon the amount of DA arrears can be transferred to the account of the employees.
It is noteworthy that during the Corona period, the Finance Ministry had banned the DA increase in May, 2020 till June 30, 2021. Now it is expected that soon a decision can be taken on this in the meeting.
PF interest money can be released
The Employees’ Provident Fund Organization can release the outstanding PF interest amount of more than 7 crore central employees. According to many media reports, this amount can be transferred to the employees’ account by the end of August.
