Exciting Updates for Central Government Employees: 4% Allowance Increase and Pending Arrears Announcement

by time news

2024-02-04 16:13:39

7th Pay Commission: Another good news for central government employees. The government is gearing up to give two big gifts to central government employees and pensioners.

7th Pay Commission: The first prize will be a four per cent increase in the allowance, as revealed by the recently released AICBI numbers. Secondly, in a few days, the central government may make a major announcement about the 18-month DA arrears, sources said.

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Allowance for central government employees to be increased by four per cent. This will provide huge relief to more than one crore employees and pensioners.

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The recently released AICPI index numbers for December indicated a four per cent rise in inflation. At present, the employees are getting 46 percent gratuity

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A four per cent increase in dearness allowance will increase the total dearness allowance of the employees to 50 per cent

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Apart from this, sources say that the government will soon release the dues of DAs, which were frozen during the corona pandemic, and a notification will be issued for the same.

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During the Corona Pandemic Central Government employees have been suspended from January 1, 2020 to June 30, 2021. After that the freeze was lifted once the situation improved a bit.

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However, the arrears for the frozen 18 months are yet to be called. Speculations are rife that the government may provide it now

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However, the government has not yet released an official notification regarding the amount of subsidy.

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