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7th pay commission: Good News! Along with increasing DA, bonus distribution has also been announced, these 95 thousand employees will be rewarded.

The government has given Diwali gifts to 95 thousand employees of State Road Transport Corporation (MSRTC) in Maharashtra. Their Dearness Allowance has been increased by 5 percent. With this, their DA will now increase from 12 percent to 17 percent. The good thing is that the salary will also come on November 1. That is, before the festival, money will come in the account of the employees.




Not only this, the corporation has also announced to distribute bonus from Rs 2500 to Rs 5000 as a Diwali gift. To compensate for this financial burden, the corporation has increased the fare on many routes. The minimum ticket has been increased by Rs. The Corporation’s Vice President Shekhar Channe said that the bus service of the Corporation has been greatly affected due to the Covid Mahamari. The corporation is expected to generate an additional income of Rs 50 crore from the hike in rent.

He said that the corporation has a fleet of 16,000 buses. The rise in oil and tire prices has put a new financial burden on MSRTC. So it was decided to increase the fare. Let us tell you that last week the Union Cabinet had announced an increase in DA. Due to this the dearness relief of the pensioner was also increased. With this increase, DA and DR have gone up to 31 percent.

On the other hand, SAIL employees have also got salary hike. An agreement was reached between the management and the workers’ unions in the meeting of the National Joint Committee for Steel. Hind Mazdoor Sabha (HMS) leader Rajendra Singh said that according to the new agreement, it has been agreed to give 26.05 percent perks (salary allowance) to all the employees of SAIL. With this agreement, more than 70 thousand workers working in various plants and units of SAIL across the country can get a monthly benefit of six to ten thousand rupees.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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