Seventh Pay Commission. Central government employees may soon receive good news. The Modi government may soon increase the Inflation Allowance (DA). Let me tell you that the government increases the inflation allowance twice a year. In January, the government increased the inflation allowance by 3%. DA has been increased on the basis of All India Consumer Price Index (AICPI) data. In such a scenario, there is a strong possibility that the central government may soon decide to increase the DA and from July 1, the DA of employees and pensioners may be increased. In January this year, the government increased the inflation allowance for employees from 31% to 34%. If there is a second increase in inflation allowance, about 5 million employees will benefit.
Inflation allowance likely to increase by 4%
Inflation allowance is likely to increase by 4% after the rise in the All India Consumer Price Index (AICPI). Employees are currently receiving 34% DA. If it increases by 4%, it will increase to 38%. We tell you that DA is given to Central Government employees while DR is given to pensioners.
You know how much the salary will be.
According to an estimate, employees with a basic salary of Rs 56,900 will get a DA of Rs 21,622 if the inflation allowance is 38%. Currently, he is earning a DA of Rs 19,346 at a rate of 34%. A 4% increase in DA would increase the salary by up to Rs 2,276. An increase of about Rs. 27,312 per annum.
The Uttarakhand government has increased the inflation allowance.
The Uttarakhand government has increased the inflation allowance (DA) for its employees by 3%. The increase in DA will take effect from July 1. Government employees in Uttarakhand will now get 31% DA. The increase in inflation allowance is expected to benefit about 2.5 lakh employees in Uttarakhand.