According to the All India Consumer Price Index (AICPI) data release, between January and June 2021, at least DA can be increased by 4 per cent.
New Delhi: Good news for Central Government employees. Soon the DA (Dearness Allowance) of all employees may increase. This decision of the government will benefit more than 50 lakh central government employees and more than 65 lakh pensioners. According to the All India Consumer Price Index (AICPI) data release, between January and June 2021, at least DA can be increased by 4 per cent.
According to the money control news, after the DA is reinstated, the DA of the central employees may increase from 17 per cent to 28 per cent. This includes a 3 percent increase in DA from January to June 2020, a 4 percent increase from July to December 2020, and a 4 percent increase from January to June 2021.
Retired central employees will get benefit
Explain that due to Corona virus epidemic, the government had banned the DA. Increasing DA will also increase DR in the same proportion. Dearness Relief (DR) of retired central government employees will also be restored due to increase in dearness allowance.
Salary will increase
The increase in the DA of the government under the 7th Pay Commission will significantly increase the salaries of the employees. Talking about the present time, DA is 17 percent of basic salary at this time. When the increase in it will be 17 to 28 percent (17 + 3 + 4 + 4), then the salary will increase significantly.
After the reinstatement of DA, the provident fund (PF) of the central employees will also increase. It is worth noting that the calculation of PF contribution of central employees is done with the basic salary plus DA formula.
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