7th Pay Commission: The wait of lakhs of central employees working under the central government is now going to end. The reason for this is that the dearness allowance and dearness relief, which they have been waiting for since January 2024, is going to be announced soon in the month of September.
The government has also done the calculation of the increase in their dearness allowance according to the consumer price indices. It is just a matter of getting it approved. If the news coming in the media quoting sources is to be believed, then after the second fortnight of this September but before the beginning of Navratri, the government can give a festive gift by announcing an increase in the dearness allowance of central employees.
For how many months will central employees get dearness allowance?
If media reports are to be believed, the central government had last announced dearness allowance on 7 March 2024, which was till December 2023. It is effective from 1 January 2024. Earlier, the government had announced the dearness allowance to be implemented from July 2023 on 18 October 2023. The announcement of dearness allowance for 6 months from January 2024 to June 2024 has not been announced yet.
How much will the dearness allowance of central employees increase?
It is being said in the media report that on the basis of All India Consumer Price Index, the government had last increased the dearness allowance by about 4 percent in March 2024. With this, the dearness allowance given to the central employees increased from 46 to 50 percent. From January 2024, they are getting dearness allowance at the rate of 50 percent. Now it is being told that on the basis of All India Consumer Price Index, the inflation rate in the country has come down.
Also Read: Great Pension: By investing Rs 55, you will get a pension of Rs 3000…
On this basis, the government can increase the dearness allowance of central employees by only 3 percent this time. With this, their dearness allowance will increase from 50 to 53 percent. According to the All India Consumer Price Index, by June 2024, the total dearness allowance has increased to 53.36 percent, but the government does not calculate decimals. That is why it is being estimated that this time an increase of only up to 3 percent in dearness allowance is possible.
When will the government announce dearness allowance?
According to media reports, the central government has fixed the dearness allowance (DA) to be given to central employees from January to June 2024. It is being told that in the month of September, the government can announce the dearness allowance of central employees receiving salary under the 7th Pay Commission. It has fixed the rates of dearness allowance on the basis of All India Consumer Price Index (AICPI) from January to June 2024. However, its formal announcement is yet to be made. If sources are to be believed, the government can put its seal on it in the Union Cabinet meeting to be held on September 25.
Related Articles:-
New PPF rules from October 1, 2024: Three major changes to Public Provident Fund rules
2000 rupee notes: RBI gave a big update regarding 2000 note, People have notes worth Rs 7,261 crore.
New Vande Bharat trains will run from these three cities from Saturday, see route and timing
