7th Pay Commission Latest Update: Dearness Allowance Hike for Central Govt Employees Not Approved Yet
A hike of 4 percent is expected by analysts based on the latest All-India Consumer Price Index data, which crossed the 129 mark in recent months. Earlier, a DA hike of 3 percent was granted to Central Government Employees for January 2022, which took the rate from 31 percent to 34 percent.
The Central Government has not yet officially cleared any proposal for Dearness Allowance (DA) hike effective from 01 July 2022. Any report claiming a DA hike of 4% for the Central Government Employees is fake, according to an official statement of the Government.
Central Government’s official fact-checker, PIB Fact Check, has said that a fake order circulating on WhatsApp is claiming that an additional instalment of DA will be effective from 01 July 2022. The DA hike announcement is made by the Department of Expenditure (DOE). It has not issued any such order. 7th Pay Commission: No 8th Pay Commission to Revise Allowances And Pensions? Here’s An Update
On the other hand, a hike of 4 percent is expected by analysts based on the latest All-India Consumer Price Index data, which crossed the 129 mark in recent months. Earlier, a DA hike of 3 percent was granted to Central Government Employees for January 2022, which took the rate from 31 percent to 34 percent. 7th Pay Commission Latest News Today: DA Hike, DA Arrears and PF interests; Central Govt Employees Likely to Get Big Surprises in September
Central government employees have been waiting for the next big announcement to boost their wallet amid rising inflation. As per latest media reports based on sources, the announcement could be made with the next Union Cabinet meeting, with some suggesting that it would be done around the festival of Navratri which starts around the end of next month (September).
The Government recently clarified that it is not considering any proposal to constitute the 8th Pay Commission to revise salaries and pensions. The Government said that the provisions of the 7th CPC allow revision of salaries and pensions at any time as per the requirement. Therefore it may not be necessary to constitute another pay commission.
(The above story first appeared on LatestLY on Aug 28, 2022 04:19 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).