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Home Personal Finance 7th Pay Commission: Big news for employees, 46% increase in DA soon,...

7th Pay Commission: Big news for employees, 46% increase in DA soon, increase in salary possible, update on 8th Pay Commission and 18 months arrears, amount will increase in account

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DA Hike : Good News! Dearness allowance of employees increased by 4 percent before Diwali
DA Hike : Good News! Dearness allowance of employees increased by 4 percent before Diwali

There is good news for the employees. Their dearness allowance will be increased. Their fitment factor can also be increased. With which a big increase in their salary can be seen. There is also a big update on 18 months arrears.

7th Pay Commission, DA Arrears, Fitment Factor: Employees can get a big gift soon. The government may announce an increase in dearness allowance for central employees. On July 31, a big decision can be taken on the increase in dearness allowance. In fact, the AICPI index will be released on July 31 for the second half of the Dearness Allowance to be received from July 1, 2023. Along with this, it is considered to be an important contribution in the calculation of dearness allowance.

Announcement of increase in dearness allowance in the festive season

With the release of CPI index, it will be decided that what percentage of DA benefit will be given to the employees. With the release of the final number, the increase in dearness allowance can be announced in the festive season. Along with this, the government will pay the arrears to the employees. However, for this half-year, a 4 percent increase in dearness allowance is believed to be fixed. An increase in dearness allowance is being seen as per the recommendation of the Seventh Pay Commission.

At the same time, the figures for April and May have been released. With this, the AICPI index has increased to 45.50. In such a situation, it is believed that for the 46% dearness allowance, the total for the employees will be increased at the rate of 4 percent. The index stands at 134.7 points. There has been an increase of 0.50 points in this. And the figures for June are yet to come. The figures for June will be released in July. In such a situation, the dearness allowance of the employees for July 2023 can be increased to 46% due to a slight increase in the index. Earlier in March 2023, the dearness allowance of the employees was increased for the first half, while the increase in dearness allowance for the second half may be announced by the Modi government in the month of September-October.

On the other hand, the government can give big benefits to the central employees soon. Along with which a big increase in their salary can be seen. It is believed that the 8th Pay Commission can be constituted soon. The government can take some important decision on the formation of new pay commission before the elections. Along with this, the fitment factor of the employees can also be increased. Earlier in the year 2016, there was a bumper increase in the salary of central employees. At the same time the Seventh Pay Commission was also implemented. With the implementation of the Seventh Pay Commission, the minimum salary of the employees had increased from ₹ 6000 to ₹ 18000.

The demand to increase the fitment factor has started once again. This time there is a demand to increase the fitment factor by 3.68 times. The government can take an important decision in 2024 on this demand that has been going on since 2017. With its announcement in 2024, it can be implemented from 2026. At present, no official confirmation has been made on this.

If the government increases the basic salary of the employees at the rate of 3.68 times, then with the formation of the new pay commission, the minimum salary of the employees can increase up to ₹ 26000. Although the government is trying to increase the fitment factor at the rate of 3 times. If this happens then the basic salary of the employees will be able to reach ₹ 21000. The fitment factor is 2.57. While fixing the salary of central employees, their salaries are fixed by multiplying the fitment factor by including other allowances. In such a situation, the fitment factor has been considered very important for salary fixation.

Big update on 18 months DA arrears

Central government employees are continuously writing letters to the government regarding their demand for 18 months. In fact, to deal with the gruesome times of the Corona period, the central government had withheld 18 months’ allowance of the employees’ pensioners. He was not paid for 18 months from January 2020 to June 2021. However, after the situation improved, the central employees are continuously demanding three installments of their dearness allowance and dearness relief from the government.

Although it has been clarified by the Central Government that applications have been received from many employee organizations for the dues, but no concrete assurance has been given by the Government and it has been clearly stated that in the present situation, it is necessary for the employees to Paying in three installments is not practical. The central government cannot pay dearness allowance and dearness relief amount of more than 34000 crores to its employees because at present it is not capable of it.

At present, the government has refused to pay the arrears in the budget session. Minister of State for Finance Pankaj Chowdhary said that the fiscal deficit of the central government is still running at twice the level indicated in the FRBM Act. In such a situation, it is not possible to pay the arrears of dearness relief on inflation. After the budget session, once again important preparations have been started by the employees on 18 months dearness allowance. Its benefit is to be given to 62 lakh including 47 lakh employees of the country. The employees are being demanded to pay Rs 34402.32 crore from the government.

Senior member of National Joint Council of Action in the matter and General Secretary of All India Defense Employees Federation Sri Sri Kumar says that along with restoration of old pension, the fight for payment of 18 months arrears will also be fought. Written by the National Council of the Staff Side of the Cabinet Secretary for payment of arrears for 18 months. A report has also been given to the Finance Ministry.

Employees’ organization says that agitation is being done in the country for the demand of abolition of NPS and restoration of old pension scheme. In the same, the issue of payment of arrears will also be added. According to Shiv Gopal Mishra, secretary to the CM of the National Council, the issue was raised in a meeting with the cabinet secretary ahead of the budget session. Since then, the employees expected that they would be paid the arrears, but this demand was rejected by the government in the budget session. The same Shiv Gopal Verma says that even if the government wants to discuss any other way to release the area, the employees’ unions are ready for that, but at the moment no update has been revealed on this.

Earlier in February 2021, the Supreme Court had said in its order that due to the economic crisis, the salary and pension of the employees can be stopped temporarily, but it will have to be paid back to the employees when the situation improves. Pension and salary is a valid right of the employees. It should be paid as per law. In such a situation, on the basis of this order of the Supreme Court, JCM Secretary is constantly writing letters to the Cabinet Secretary. On the other hand, what decision will be taken by the government on the arrear payment of the employees, only time will tell, but for the time being, the employees may have to wait for the arrears of 18 months.

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