7th Pay Commission: DA hike coming! Central govt employees to get Rs 12,500 salary hike

Mumbai,Sep 03 : On 7th Pay Commission, PM Narendra Modi government is soon to make a big announcement regarding pay matrix hike of Central govt employees. According to reports, Centre is likely to increase dearness allowance (DA) for its employees on September 4, after proposed Union Cabinet meeting on Wednesday.The cabinet is expected to make an announcement on the 5 per cent DA (Dearness Allowance) hike for the central government employees.

If the central govt employees receive a 5 percent increase, their salary will jump by anywhere between Rs 900 to Rs 12500 per month, depending on the level. The increase in dearness allowance is expected in the wake of a rise in inflation, as per ICPI figures for months between January and June 2019. Currently, the DA for government employees stands at 12 per cent.

Harishankar Tiwari, Former Secretary and Assistant Secretary of All India Audit and Accounts Association, AG Office Brotherhood had said the announcement of hike in the DA of staffers is possible.He said DA for June 2019 stood at 17.09% as compared to 13.39% in January 2019. The December figures were lower, the reason, the Centre increased the DA by 3%.

 

How useful was this News?

Click on a star to rate it!

Average rating 4 / 5. Vote count: 4

No votes so far! Be the first to rate this news.

As you found this news useful...

Follow us on social media!