7th pay commission latest news: Just before Diwali, great news has come for the central employees. The Union Cabinet has approved to increase the dearness allowance by 3 percent.
7th Pay Commission latest news: There is great news for central government employees. The Central Government has increased the Dearness Allowance by 3 percent. Now central employees will get 31 percent DA. The Union Cabinet has approved this. Now the salary will increase once again. More than 1 crore central employees and pensioners will get its benefit.
Dearness allowance will get 31%
The All India Consumer Price Index for Industrial Workers (AI CPI-IW) has increased to 123 in August 2021. September figures are due. But, based on the data for June, July and August, the dearness allowance (DA Hike) has been increased.
Salary will increase by Rs 7500 at cabinet secretary level
According to JCM Secretary Shiv Gopal Mishra, this is great news for the central employees. This gift will be of great benefit to them before Diwali. For an employee whose basic salary is Rs 30,000 per month, then his salary will increase by Rs 900 per month. He will get a profit of Rs 10,800 annually. The salary of cabinet secretary level officers will increase by Rs 7500 per month. The basic salary at this rank is the highest at Rs 2.5 lakh per month. In such a situation, they will get a benefit of 90 thousand rupees annually.
Dearness allowance formula
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 will come will be multiplied by 100.
What is Dearness Allowance (DA)?
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.
DA changes 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 the 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.
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