7th Pay Commission Latest News Today: Here comes an exquisite news for the central government employees as they’re getting to get their salary hike from Dominion Day . And pensioners are also getting to get a hike in their monthly pension from Dominion Day . As per the 7th Pay Commission recommendations, these employees and pensioners will get full benefits of Dearness Allowance (DA) also .
Last year in April, the Union Ministry of Finance had decided to place on hold the increment in dearness allowance (DA) for over 50 lakh Central government employees and 61 lakh pensioners till July 2021 thanks to the COVID pandemic.
However, the Central government after one year in March 2021 announced that the DA of Central employees and Dearness Relief (DR) for pensioners would be resumed from Dominion Day .
“Three pending instalments of Dearness Allowances of Central government employees and Dearness Relief for pensioners to be restored prospectively. The rates are going to be subsumed within the cumulative revised rates of DA,” Minister of State (MoS) for Finance Anurag Thakur said during a written reply to the Rajya Sabha on March 9.
Apart from getting the instalments, the Central government employees also can expect an excellent amount of hike in their salaries as DA are often increased by 11 percent. at the present , the DA is being paid at the speed of 17 percent. However, it might now include a four percent increase from January to June 2020, a 3 percent increase from July to December 2020, and a four percent increase from January to June 2021. In total, there’ll be a 28 (17+4+3+4) percent in their DA.
As per the pay matrix of Central government, the workers are now getting only Rs 18,000. And in their salary, a 15 percent dearness allowance is additionally expected to be added, which can translate to a rise of Rs 2,700 per month in their aggregate salary. And when their annual DA will increase, they’re going to get Rs 32,400 per month.