In the midst of the Corona epidemic crisis, the central government has given good news to millions of central employees of the country. The government has announced an increase in Variable Dearness Allowance (VDA) to employees.
7th Pay Commission Latest Updates: Central Government has given good news to millions of central employees of the country amid Corona epidemic crisis. The government has announced an increase in Variable Dearness Allowance (VDA) to employees. This announcement of the government will bring a smile on the face of about 1.5 crore central employees.
Variable inflation allowance increased
The Union Ministry of Labor and Employment has changed the variable dearness allowance for central employees. Now employees will get variable dearness allowance from Rs 105 to Rs 210 every month. Contract workers will also get the benefit of this. Apart from the salaries of the employees, their provident fund and gratuity will also be affected by this decision.
1.5 crore employees will get benefits
According to the notification issued by the Union Ministry of Labor and Employment, this increase in the salary of central employees will be applicable from April 1, 2021. This increase will also increase the minimum wage of central employees. The decision of the Union Ministry of Labor and Employment is expected to benefit about 1.5 crore employees working in the central government, railways, mining, oil fields, ports and other central government offices. According to the central government, the benefit of increase in variable dearness allowance will also be given to the contractual and casual employees / workers.
PF, gratuity will also increase
The variable dearness allowance is determined on the basis of the average Consumer Price Index for Industrial Workers (CPI-IW), which the Labor Bureau prepares. The average CPI-IW from July to December 2020 has been used for the new Variable Inflation Allowance (VDA) from the ministry. According to media reports, the increase in variable dearness allowance has the advantage of provident funds, gratuity and other benefits. But there will also be those who are directly connected to DA.
