7th Pay Commission: Good news for government employees, Diwali Big Gift
Dearness allowance (DA) is likely to increase by 4%, according to various reports. DA is usually calculated depending on the AICPI index. Experts have already expressed the possibility that DA rate will cross 50 percent by January 2024 next year.
Central government employees are waiting for their dearness allowance. But when it will be implemented is yet to be confirmed. Compared to last year, it is estimated that the central government may make an announcement before Diwali.
However, this time Dearness allowance (DA) is likely to increase by 4%, according to various reports. DA is usually calculated depending on the AICPI index. Experts have already expressed the possibility that DA rate will cross 50 percent by January 2024 next year.
Presently Central Government employees are currently getting DA at the rate of 42 per cent. A reported 3-4 percent increase in DA results in a DA volume of 45-46 percent. It is expected that the central government will make an announcement in this regard during the festival itself. However, the central government has not yet made any announcement in this regard.
Also Read: Bank Working Timing Change From Tomorrow: Know Changes Before Visit Bank
Compared to last year, it is estimated that the central government may make an announcement before Diwali. Long demand fitment rate hike of central government employees. But there is no update about that yet. Due to this, millions of government employees and government pensioners are now facing the decision of the central government.
A great news for the Karnataka state government employees who are waiting for the 7th Pay Commission, the President of the State Government Employees Association CS Shadakshari said that the report of the 7th Commission will be submitted soon.
Also Read: Karnataka Govt Give Good News: Senior Citizens Will Get Monthly Rs 2000
Speaking to reporters, he said that the 7th Pay Commission report is in the final stages of preparation. We have also brought this matter to the attention of CM Siddaramaiah. No extension of time allowed. He said there is time till November 17 and the report is likely to be submitted by then.
Now the State government employees association By law 2022 has undergone major changes. It has been stated that some of the sub-sections have been amended due to confusion.
Comments are closed.