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Home Personal Finance 7th Pay Commission: DA will cross 50%, now government will bring 8th...

7th Pay Commission: DA will cross 50%, now government will bring 8th pay commission? Know this report

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7th Pay Commission: Good news before Navratri, DA of employees confirmed! Will get Rs 27,000 more salary
7th Pay Commission: Good news before Navratri, DA of employees confirmed! Will get Rs 27,000 more salary

7th Pay Commission: Even though the government has not yet given any indication regarding the 8th Pay Commission, the employee organizations have started raising demands on it. A railway society has written a letter to the Finance Minister, reminding him of the recommendations of the old Pay Commission and said that there is a need for the 8th Pay Commission soon.

New Delhi. There is another good news for the government employees waiting for the announcement of Dearness Allowance (DA) again in July. A railway society has sent a proposal to the Finance Minister to make the 8th Pay Commission. It has been said that the time has come for the government to set up the 8th Pay Commission keeping in view the interests of the employees. In the proposal, it has been said that dearness allowance will go beyond 50 percent next year.

According to a report in Financial Express, Railway Senior Citizens Welfare Society (RSCWS) has appealed to Finance Minister Nirmala Sitharaman to set up the 8th Pay Commission. The society has said that from January 1, 2024, the dearness allowance will cross 50 per cent. Earlier, all the three Central Pay Commissions had said in their recommendations that revision of future salary should be done only when dearness allowance or dearness relief (DA/DR) increases to more than 50 per cent of the basic salary. The Society has sent a memorandum of this recommendation of the Commission to the Finance Minister on May 30, 2023.

Now DA is 42 percent

The dearness allowance of central employees was last increased in March, which is applicable from January 1, 2023. After this increase, the effective DA has become 42 percent. It is estimated that in July, the government will again increase DA by 4 percent and then dearness allowance will increase to 46 percent of the basic salary. Then next year in January, 2024, once again DA will be increased by 4 percent, it will be equal to 50 percent of the basic salary. This means that according to the recommendation of the Pay Commission, after this the time will come to review the salary and form a new commission.

What is in the memorandum given to the Finance Minister

The Society of Railways has said in the memorandum given to the Finance Minister that it is necessary to revise the salary to eliminate the effect of inflation. From January 2024, dearness allowance will reach 50 percent of the basic salary and then it is necessary to review the salary relative to it. Dearness Allowance (DA) is paid to central employees, while Dearness Relief (DR) is paid to central pensioners.

Only increasing dearness allowance is not enough

In the memorandum submitted to the Finance Minister, it has been said that the rate at which inflation is increasing. Merely increasing DA or DR is not enough. This is not doing justice to the central employees. Dearness allowance is now reaching 50% of the basic salary, so it is very important to review the salary to control the effect of inflation and increase the per capita income.

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