7th Pay Commission latest updates: Central govt employees to get full DA benefits from July 1, all 3 pending installments to be restored prospectively

New Delhi: 7th Pay Commission latest updates –In what would come as an enormous reduction for lakhs of Central authorities employees and pensioners, Minister for State for Finance, Anurag Thakur mentioned in Parliament on Tuesday that they are going to get full benefits of dearness allowance beginning July 1, with all the three pending installments being restored prospectively.

The three installments of dearness allowance for central authorities employees and DR for pensioners, due on January 1, 2020, July 1, 2020 and January 1, 2021, had been frozen in view of the COVID-19 pandemic.

The resolution now to restore it from July, 2021 would profit about 50 lakh central authorities employees and greater than 65 lakh pensioners. However, any improve in DA from July 1 will solely be efficient from that day, which means the employees wouldn’t get any arrears on non revision of DA for earlier interval.

In a written reply to the Rajya Sabha, Thakur mentioned: “As and when the decision to release the future installments of Dearness Allowance due from 01.07.2021 is taken, the rates of DA as effective from 01.01.2020, 01.07.2020 and 01.01. 2021 will be restored prospectively and will be subsumed in the cumulative revised rates effective from 01.07.2021.”

At current, central authorities employees get DA of 17 per cent. This degree of DA grew to become efficient from July 2019 with additional revision due from January 2020. But this together with subsequent two different revisions had been suspended due to Covid. Last yr, the Union Cabinet had authorised a 4 per cent improve in DA for presidency workers and pensioners to 21 per cent. This was to be efficient from January 1, 2020. However, in wake of the pandemic the disbursement of DA at elevated charges was suspended together with DR for the pensioners.

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With the choice now to restore DA benefits from July 1, central authorities employees and pensioners may hope to get a fats improve within the allowance that can even cowl for the attainable will increase in three earlier due cycles.