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7th Pay Commission Update: Another good news for 50 lakh central employees and 61 lakh pensioners will be transferred with dearness allowance, dearness relief money

7th Pay Commission Update: Another good news is coming for 50 lakh central employees and 61 lakh pensioners. The government will also transfer dearness allowance along with dearness relief.

Pay 7th Commission Update: 50 million of the country’s central staff (Central Government Employees) and 61 million pensioners (Pensioners) is the account that will be soon transferred their money. The central government has increased dearness allowance (DA) , along with restoring dearness relief (DR) . This money will be transferred from January in the account of central employees and pensioners (In pensioners account) .




According to media reports, the central government has increased the dearness allowance by 4 percent, this will increase the salary of central employees (Salary Hike in central government employees) . After four percent increase, dearness allowance will increase from 17 percent to 21 percent. However, this allowance will start from January. But its official announcement has not been made yet. Central employees and pensioners are eagerly waiting for this official announcement of the government. Also Read: Indian Railways: After all, why are trains late? Now railway officials will address this and prepare a report

In the last week of December 2020, the Modi government also announced to continue Disability Compensation for all employees. If they become crippled during their service and still join the office, then they will be given this allowance. Central Armed Police Force (CAPF) personnel like CRPF, BSF, CISF will be the biggest beneficiaries of this order , as they have more risks while on duty.

In March 2020, the Cabinet approved the release of Dearness Allowance (DA) for Central Employees and Pensioners and additional installment of Dearness Relief (DR) with effect from January 1, 2020. Then the Finance Minister announced that basic salary / pension (Basic Salary / Pension) will be increased by 4 percent in the current dearness allowance.

In view of the Corona epidemic crisis, the government stopped the additional allowances to its employees and pensioners from 1 January 2020. The Department of Expenditure stated in a memorandum that the next installment of allowances from 1 July 2020 and 1 January 2021 will also not be given. However, DA, DR will continue to be paid at current rates.

However, it is reported that the Union of Employees and Workers’ Organization (Association of Employees Confederation of Central Government Employees and Workers) has kept an account of the current government treasury in front of Finance Minister Nirmala Sitharaman, and requested the Finance Minister. Now that all government employees and pensioners should be given an allowance at the current inflation rate of 28 percent.

The association said that the central government employees worked with full dedication during Kovid. Many employees lost their lives while on duty. Keeping all these in mind, the Finance Minister should give his dearness allowance and dearness relief to all employees and pensioners from January 2020 at the rate of 28 percent. Also Read:EPF KYC Big Update 2021: Now KYC will be done in PF

According to the news agency PTI, the combined savings in the year 2021-22 and its earlier financial years will be Rs 37,530 crores on stopping dearness allowance and installment of dearness relief of central government employees. State governments usually run on the orders of the Center. It is estimated that by stopping the installment of DA, DR, the state governments will save Rs 82,566 crore.

 

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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