7th Pay Commission DA Hike Live Updates: Central employees will soon get the gift of 4% DA. It will be announced in the cabinet soon. It is expected that this announcement can be made in the cabinet meeting to be held on August 3. If this happens, then with the salary of August, the employees will get the increased money.
Will also decide on fitment factor
There can be frequent updates regarding salary. The fitment factor is also expected to increase. However, no formal announcement has been made by the government in this at the moment. At the same time, there is a lot of discussion about 18 months DA arrears. Employees waiting for DA Hike have to leave every update.
Fitment factor has a big role
Under the 7th Pay Commission, the basic salary (minimum salary limit) of the employees is Rs 18,000. The fitment factor plays a big role in deciding the salary. Based on the fitment factor, the revised basic pay is calculated from the old basic pay. The fitment factor is an important recommendation in the Pay Commission report. Salary hike will be decided on this basis
The talk is progressing on the 8th Pay Commission
There is good news for central employees. For the past few days, there is a discussion in the government departments that the matter is progressing on the 8th Pay Commission. If the 8th Pay Commission is implemented, then there will be a big jump in the salary of central employees.
DA date will be announced soon
Information has been received from sources that the date of dearness allowance for government employees will be announced soon. Just waiting for the AICPI index to come in July. After this DA will be announced. With the increased DA in the salary of August, you will get the benefit.
Discussion about 8th Pay Commission
Now the discussion has started among the employees regarding the 8th Pay Commission. An official of the employees union told Zee Business on the condition of anonymity that the union is going to prepare a note and hand it over to the government soon. If the government does not accept their demands, then soon there will be agitation. This also includes pensioners.
7th Pay Commission: Countdown started
The countdown to increase dearness allowance has started. There are constant updates coming about this. Zee Business will bring these updates to its readers. The latest update is that by August 3, the next dearness allowance may be announced. There is a possibility of increasing 4% DA in this. More than 65 lakh central employees and 52 lakh pensioners will get its direct benefit. The total dearness allowance will increase to 38%.
7th Pay Commission: Dearness Allowance will increase by 4 percent
For July-December 2022, the dearness allowance is set to increase by 4 percent. Meaning, after the total 34 percent DA under the 7th Pay Commission, now there will be a further increase of 4 percent. With this, the DA-DR of central employees and pensioners will increase to 38 percent. Experts are also agreeing that dearness allowance is set to increase by 4 percent.
11% will be a one-time payment
In the year 2021, in the cabinet meeting held on July 14, the dearness allowance was increased by 11 percent simultaneously under the 7th pay commission. It has been implemented from 1 July 2021. The dearness allowance of January 2020, June 2020, January 2021 was kept frozen due to Corona. When the ban was lifted last year, the government announced it. But, there was no talk on DA Arrear. Now if there is talk on 18 months arrears, then a lump sum arrear of 11 percent will be given to them.
Talks with the government about 18 months arrears
Shiv Gopal Mishra, Secretary (Staff Side) of the National Council of JCM, has been continuously raising the demand that the decision to stop the dearness allowance was the decision of the government. When the freeze is lifted, the government should also compensate for the loss during that period. Mishra says that continuous talks are being made with the government regarding the one-and-a-half year arrear (18 Months DA Arrear). The government should make a negotiated settlement.
What does the government have to say on DA Arrear?
The central government had increased the dearness allowance by 11 percent from July 2021. But, after freezing for one and a half years, there was no talk about DA arrears. The government has made it clear that dearness allowance was frozen at the time of Corona. So there is no option of arrears. But, the union of pensioners and central employees is continuously raising this issue. JCM Secretary (Staff Side) says that settlement is expected on this soon.
Will there be talk on DA Arrear?
Central employees get the gift of dearness allowance every six months. Soon dearness allowance is going to be announced for the second half of this year as well. Right now central employees are getting 34 percent DA. It is likely to increase by 4% in the coming days. But, what happened to the one-and-a-half year DA arrears stuck from the year 2020 to June 2021? Will there be any talk on this in the coming days? The union is continuously demanding this.
Union will meet Cabinet Secretary!
According to sources, regarding the fitment factor, the employees union says that it has been demanded for a long time. But, the matter is pending. Soon a meeting can be held with the Cabinet Secretary again in this regard. The date and time of the meeting has not been decided yet. This meeting is likely to take place at the end of August.
Fitment Factor: Government can consider
Central and state employees have long demanded that their fitment factor should be increased from 2.57 times to 3.68 times. According to sources, the government can consider this demand of central employees. If this happens, then this can also be discussed for the central employees in the month of August.
Basic salary calculation
1. Basic salary of the employee Rs 56900
2. Dearness allowance so far (34%) Rs 19346 / month
3. New dearness allowance (38%) Rs 21622 / month
4. How much dearness allowance increased 21622-19346 = Rs 2276 / month
5. Increase in annual salary 2276 X12 = Rs 27,312
DA will increase to 38%
Central employees are currently getting 34 percent dearness allowance. But, from July 1, 2022, if there is an increase of 4 percent in their dearness allowance, then it will reach 38 percent. This will also give a significant jump in their salary. After increasing the dearness allowance by 4%, the total DA will become 38%. Now on the basic salary of Rs 18,000, the total increase in the total annual dearness allowance will be Rs 8640.
Dearness allowance will be available from the new formula
Regarding dearness allowance, the Ministry of Labor and Employment has changed the formula of calculation. The Labor Ministry has changed the base year 2016 for Dearness Allowance (DA Calculation). A new series of Wage Rate Index (WRI-Wage Rate Index) has been released. The Labor Ministry said that the new series of WRI with base year 2016=100 will replace the old series of base year 1963-65.
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