• Central Government Employees' salaries likely to be hiked again in July

    National
    Central Government Employees' salaries likely to be hiked again in July




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    mso-fareast-font-family:"Times New Roman";color:#222222">Digital Desk: The
    government is planning to increase the Dearness Allowance (DA) for lakhs of
    Central government employees working in different ministries and departments.



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    mso-fareast-font-family:"Times New Roman";color:#222222">According to sources,
    DA will be increased by 3-4 percent in July or August. Based on the retail
    inflation data, the DA and Dearness Relief is for pensioners to offset the
    impact of inflation.



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    mso-fareast-font-family:"Times New Roman";color:#222222">DA is a component of
    salary which is some fixed percentage of the basic salary, aimed at encircling
    the impact of inflation. Since DA is directly related to cost of living, the DA
    component is different for different employees based on their geographical
    location. This means DA is different for employees in the urban sector, semi-
    urban sector and rural sector.



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    mso-fareast-font-family:"Times New Roman";color:#222222">The hike depends on
    many factors like the AICPI Index (All India Consumer Price Index) which
    witnessed a decline in January and February.But it witnessed a huge jump in the
    month of March.



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    mso-fareast-font-family:"Times New Roman";color:#222222">Employees currently
    working under the central government get 31% DA. This is likely to be increased
    by 4% in July, which will make the DA 34%. In march, The Union Cabinet approved
    to increase 3% in dearness allowance under the 7th Pay Commission.



    mso-fareast-font-family:"Times New Roman";color:#222222">Currently the number
    of central employees is more than 50 lakhs, while 65 lakhs ex-central employees
    receive pension.



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    mso-fareast-font-family:"Times New Roman";color:#222222"> As per report:
    Central govt employees likely to get DA hike with 18 months arrears.



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