Diabytes
7th pay commission news
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7th Pay Commission latest update: The DA hike will be effective from July 1, 2023. Presently, over one crore central government employees and pensioners are getting a 42 percent dearness allowance.
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In a late-night decision on Tuesday, Chief Minister Yogi Adityanath said it would benefit 16.35 lakh employees and 11 lakh pensioners in the state.
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7th Pay Commission DA Hike latest Update: According to media reports, the dearness allowance would increase by 3%. As a result, the DA will rise to 41% from its current 38 percent.
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The Narendra Modi government may present a post holiday extravaganza to central government employees by announcing DA Hike.
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The dearness allowance would rise by 3%, the media reported. As a result, from its current 38 percent, the DA will increase to 41%.
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The All-India CPI-IW for January, 2023 increased by 0.5 points and stood at 132.8 (one hundred thirty two point eight).
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7th Pay Commission DA Hike update: In March 2023, the government would also change the fitting factor for the unexercised.
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7th Pay Commission DA Hike update: AICPI index is used to determine their daily stipend. The December 2022 AICPI statistics were 132.3.
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7th Pay Commission: According to media sources, the government may decide on three pressing demands by the employees union next month --DA Hike, 18-Month Arrear and Fitment Factor Hike.
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The November 2022 AICPI statistics were 132.5. According to media reports, the dearness allowance would rise by 3% if the future index (for December 2022) stays the same. As a result, from its current 38 percent, the DA will increase to 41 percent.
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The AICPI figures for November 2022 was 132.5. Media reports are hinting that if the upcoming index (for the December 2022) remains constant, then the dearness allowance will increase by 3 percent. Thus, the DA will rise to 41 percent from the current 38 percent.
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The Union Cabinet had on 28 September 2022, approved the release of additional instalment of Dearness Allowance and Dearness Relief @ 4 percent to Central Government employees and pensioners due from 01.07.2022 based on the percentage increase in 12 monthly average of All India Consumer Price Index for the period ending June, 2022.
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Minister of State for Finance Pankaj Chaudhary in a written reply said that the decision to freeze three instalments of DA/DR to Central Government employees/pensioners due from 01.01.2020, 01.07.2020 & 01.01.2021 was taken in the context of COVID-19 which caused economic disruption so as to ease pressure on the Government finances.
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Central employees have three major demands from the government regarding their salaries. If the government fulfills those demands, then their salary can increase significantly.
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Media reports have said that the DA arrears of employees at Level-3 can be estimated between Rs 11,880 to Rs 37,554. For Level-13 or Level-14, the arrears of employees can range between Rs 1,44,200 to Rs 2,15,900. However, upon further negotiations with the government, these figures might also change.
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The Union Cabinet had on 28 September 2022, approved the release of additional instalment of Dearness Allowance and Dearness Relief @ 4 percent to Central Government employees and pensioners due from 01.07.2022 based on the percentage increase in 12 monthly average of All India Consumer Price Index for the period ending June, 2022.
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As per the media speculations, the DA arrears of employees at Level-3 can be estimated between Rs 11,880 to Rs 37,554. For Level-13 or Level-14, the arrears of employees can range between Rs 1,44,200 to Rs 2,15,900. However, upon further negotiations with the government, these figures might also change, said reports previously.
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Shekhar Channe, vice chairman and managing director of MSRTC, told PTI that the government has given the nod for increasing DA to 34 per cent from the existing 28 per cent. The hike will put a financial burden of Rs 15 crore per month on the state-owned public transport body.
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The government order further said that arrears on account of additional installment of Dearness Allowance with effect from July, 2022 shall be paid in cash to Government Pensioners/Family pensioners in two equal installments (one in the month of November, 2022 and other in the month of December, 2022) and shall form part of pension /family pension from November, 2022 onwards.
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The Union Cabinet had on 28 September 2022, approved the release of additional instalment of Dearness Allowance and Dearness Relief @ 4 percent to Central Government employees and pensioners due from 01.07.2022 based on the percentage increase in 12 monthly average of All India Consumer Price Index for the period ending June, 2022.
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