7th Pay Commission: There has been an increase of 2.1% in the dearness allowance of the employees of PSU Bank, now they will get 27.79% dearness allowance for three months. This allowance will come in the salary of August itself.
7th Pay Commission: After making the central employees happy, now it is the turn of the employees working in PSU ie Public Sector Units to be happy. The Central Government has increased the Dearness Allowance of 8 lakh employees of public sector banks. The government has increased the dearness allowance of employees of public sector banks by 2.10 percent. Also Read: PM Modi launches new Vehicle Scrappage Policy, old car owners will get many benefits
Increased DA of PSU Bank employees
The dearness allowance of PSU employees has been increased for August, September, October 2021. That is, the increase is only for three months. It has been fixed on the basis of data of AIACPI (All India Average Consumer Price Index).
Whose calculation is as follows – Dearness Allowance Percentage = (Average of Consumer Price Index for the last 3 months (Base Year 2001=100)-126.33)x100 Also Read: Domestic Flights: Government’s big decision, now air travel is going to be expensive, know how much the fare will increase?
DA will come in August salary
According to the order of the Indian Banks Association (IBA), the DA figure for May, June and July 2021 was 367 slabs. There has been an increase of 30 slabs for August to October. On this basis, now the DA of PSU employees has increased by 2.10 percent to 27.79 percent. Which was 25.69 percent earlier. This increased dearness allowance will be added to the salary for the month of August. Also Read: Good news: Delhi-Mumbai, Delhi-Howrah journey will now be completed in 12 hours, know everything
Category wise benefits
The benefit of increase in dearness allowance will be available according to the salary of each category. For example, the salary of Bank PO (Probationary Officer) is 40 to 42 thousand rupees per month. In this the basic is Rs 27,620, on which DA has increased by 2.10 percent. According to the rules of service history for PO, 4 increments are given to the employees during the entire service. The maximum basic salary after promotion is Rs 42020.
The hike in dearness allowance of central employees has come into effect from July 1. Now they are getting 28% dearness allowance instead of 17%. More than 1 crore central employees and pensioners are now also awaiting 3% dearness allowance for June 2021, which is expected to be 3%. With this, their dearness allowance will increase from 28 percent to 31 percent.
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