7th Pagarpanch DA Related Latest News Updates
The committed DA is scheduled to begin on July 1 Shiva Gopal Mishra says that this will not affect the 7th CPC pay matrix of core employees. As employees and retirees of the central government, the Dominican Republic maintained the freeze until June 2021. In March 2021.
Rajya Sabha Minister of State for Finance Anurag Thakur said that the increase in DA and the Dominican Republic would resume. as of July 1. But even if the DA surcharge is announced today on January 1, 2021, it will start from July 1, 2021.
How much will your DA increase?
Shiva Gopal Mishra said that when talking about an increase in DA, the average inflation for July-December 2020 is expected to be around 3.5 percent in terms of calculations. So this could be about 4 percent more.
How many installments are pending?
Speaking about the pending delivery, Shiva Gopal Mishra said they were in talks with officials. This will be resolved soon. We have sent a proposal to the government to pay the DA of those employees in 3 installments if they cannot pay at once.
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Before Holi, the country's government employees will receive good news. According to media reports, the Modi government may increase the inflation allocation by 4 percent. Central Government Employees.
The government may increase the inflation relief allocation
According to media reports, after the announcement of the All India Consumer Price Index and the introduction of the Union Budget 2021 in Parliament, the allocation for inflation has increased by 4 percent. According to sources, the government can increase cost relief by 4 percent. You can also pay for another pending assignment.
The recommendation of the Seventh Payment Commission will be implemented.
The government's announcement of the DA increase will be based on the recommendation of the 7th Payments Commission. Currently, the core employee earns a DA of 17 percent. That's 4% DA and an increase in total DA.
The state can work with the formula of the center
According to the report, the freezing of DA and DR fees for central government employees and retirees will bring the combined savings to Rs 37,530 crore this financial year. These savings are also being realized in the previous year. Let me tell you that state governments can generally comply with the Center's order on DA and DR. It is estimated that the state government can also save Rs 82,566 by suspending the DA-DR of employees and pensioners who adopt this formula from the Center.
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