Currently, over one crore central authorities workers and pensioners are getting 38 per cent dearness allowance.
The minimal wage of the federal government workers is predicted to see an increase from Rs 18,000 to Rs 26,000 for central authorities workers after the hike in fitment issue
7th Pay Commission: Central authorities workers could quickly get a excellent news relating to their salaries, because the Centre is prone to announce a hike in dearness allowance (DA) and fitment issue this month, based on media studies.
According to the studies, the minimal wage of the federal government workers is predicted to see an increase from Rs 18,000 to Rs 26,000 for central authorities workers after the hike in fitment issue. The studies mentioned that the federal government is predicted to revise the fitment issue and dearness allowance (DA) in March after Holi (March 8).
The Fitment Factor
The widespread fitment issue presently stands at 2.57 per cent. It implies that if anyone, let’s say, will get a primary pay of Rs 15,500 in 4200 Grade Pay, his whole pay will probably be Rs 15,500×2.57 or Rs 39,835. The sixth CPC had really useful the fitment ratio at 1.86.
According to the studies, workers at the moment are demanding the federal government to lift the fitment issue to three.68. The hike will elevate the minimal wage from Rs 18,000 presently to Rs 26,000.
The DA Hike
Dearness allowance (DA) and dearness reduction (DR) are revised twice a yr, efficient January 1 and July 1. The final hike in September 2022, which benefitted about 48 lakh central authorities workers and 68 lakh pensioners, raised the DA by 4 per cent to 38 per cent. Before this, the federal government had raised the DA by 3 per cent to 34 per cent in March underneath the 7th Pay Commission.
Apart from the fitment issue, the federal government can be prone to revise DA quickly, based on media studies.
18-Month DA Arrears
The authorities may additionally tackle the problem of 18-month DA arrears quickly. The resolution to freeze three instalments of DA/DR to central authorities worker/ pensioners due from January 1, 2020, July 1, 2020, and January 1, 2021, was taken within the context of COVID-19, which prompted financial disruption in order to ease stress on authorities funds.
In January, the finance ministry up to date the home hire allowance (HRA) guidelines for central authorities workers underneath the 7th Pay Commission and mentioned they won’t be entitled to HRA in circumstances the place:
(i) He/ she shares authorities lodging allotted to a different authorities servant; or
(ii) He/she resides in lodging allotted to his/her mother and father/ son/ daughter by the central authorities, state authorities, an autonomous public endeavor or semi-government organisation similar to a municipality, port belief, nationalised banks, Life Insurance Corporation of India, and so on; or
(iii) His/ her partner has been allotted lodging on the identical station by the central authorities/ state authorities/ autonomous public endeavor/ semi-government organisation similar to municipality, port belief, and so on., whether or not he/she resides in that lodging or he/she resides individually in lodging rented by him/her.
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