There are only 3 days left for the budget to come and a big announcement is going to be made for the government employees in this budget, due to which the salary of the employees will increase manifold. What is this announcement, let’s know
Finance Minister Nirmala Sitharaman will present the General Budget ( Budget 2023 ) on February 1. Like every time, this time also the government employees have many expectations from the budget . If the government accepts the three demands of the employees in the budget, then there will be a huge increase in their salary. This includes increase in DA of central employees, payment of outstanding DA and increase in fitment factor. Employees hope that the government will include these three things in the upcoming budget ( Budget 2023 ).
Payment of arrears of DA for 18 months
To deal with the rising inflation, the government can give some relief to the central employees. The first demand of the employees is the payment of DA arrears for 18 months. Employees have been demanding its payment for a long time. During the Corona epidemic, the government had put DA of central employees on hold for 18 months. Employees are continuously demanding payment of outstanding DA amount. Central employees have DA pending from January 2020 to June 2021.
Fitment factor
Central employees have been demanding to increase the fitment factor for a long time. If the government increases the fitment factor, then the minimum salary of the employees will increase. His salary will increase from Rs 18,000 to Rs 26,000. That is, there will be a direct increase of Rs 8,000 in the minimum salary. Central employees are demanding the government to increase the fitment factor from 2.57 percent to 3.68 percent.
DA hike expected
The government increases the dearness allowance (DA) of central employees twice a year. The government increases DA in January and July. Central employees are demanding that the first hike in DA of the year should be done along with the budget to be presented on February 1 or later. So that his salary can increase before Holi.
DA is a part of the salary structure
According to media reports, the government can increase the DA of government employees by 3 to 5 percent. At present, the employees are getting DA at the rate of 38 per cent. Dearness Allowance (DA) is a part of the salary structure of government employees. The government changes DA every six months. In the month of September, the government had increased the DA of the employees by 4 per cent, which increased the DA from 34 per cent to 38 per cent.
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