Diwali and Dussehra are going to be great for the central staff this time. This is because a large amount of DA, DR is to be credited to the account. According to a report, the increase in DA, DR will be valid from July 1 and will be paid before Dussehra (October 15).
Diwali and Dussehra are going to be great for the central staff this time. This is because a large amount of DA, DR is to be credited to the account. According to a report, the increase in DA, DR will be valid from July 1 and will be paid before Dussehra (October 15).
7th Pay Commission: Diwali and Dussehra are going to be great for central employees this time. This is because a large amount of DA, DR is to be credited to the account. According to a report, the increase in DA, DR will be valid from July 1 and will be paid before Dussehra (October 15).
How much will the monthly salary increase?
In such a situation, it is also being assessed how much the monthly salary of central employees will increase after the increase in inflation allowance. Media reports claim that the monthly salary of employees will increase from Rs 3,000 to Rs 30,000. Naturally, how much the monthly salary will increase after DA's reinstatement will depend on the salary scale of the employees
DA will rise 3% in July
It may be noted that the Ministry of Labor has given the figures of May 2021 All India Consumer Price Index. Accordingly, the May 2021 index rose 0.5 points, taking it to 120.6. Now waiting for the data for June, which is not expected to increase further. Because DA needs to increase by 4% then it should be 130, but it is impossible for AICPI to increase by 10 points in a month. So, of course, the increase in DA in July will not be more than 3%.
The government will spend Rs 30,000 crore
According to media reports, the central government may spend Rs 30,000 crore to increase DA, DR in the financial year 2022. Similarly, the states are also expected to spend around Rs 60,000 crore. The basic salary of central employees and pensioners ranges from Rs 23,000 to a maximum of Rs 2.25 lakh. The government is expected to increase DA, DR before the festive season to boost consumption.
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