7th Pay Commission: DA, Salary Hike Announcement For Central Govt Employees Expected Today
7th Pay Commission Salary Hike: A special cabinet meeting has been called on Friday and it is expected that the DA hike announcement could be made later in the evening.
7th Pay Commission Latest Updates: As lakhs of Central government employees are waiting for hike in their salary, a report by Zee Business said the Union Cabinet has called a special meet on Friday to discuss the matter related to a hike in Dearness Allowance. The detailed decision of the Union Cabinet could be out by evening and if it is announced, then the DA is likely to be hiked by 4%.
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For the past two months, there was continuous discussion about when the dearness allowance of central employees will be hiked. However, the exact date was not announced. Earlier, the DA was likely to be hiked during Holi, however, it could not be announced in the last two weeks. Now a special cabinet meeting has been called on Friday and it is expected that the DA hike announcement could be made later in the evening.
7th Pay Commission DA, Salary Hike: Check Latest Updates on India.com
Live Updates
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When 8th Pay Commission Will be Implemented?
Even though there is no official confirmation, reports claimed the government is planning to set up the 8th Pay Commission soon by replacing the 7th Pay Commission.
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Centre Hikes DA, Salary Twice Every Year
The Centre generally revises the DA/DR rate every six months and it is done to compensate for the loss in purchasing power of the monthly salary/pension wealth due to inflation.
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DA Hiked For Central Govt Employees on Sept 18, 2022
Dearness Allowance was last hiked on September 28, 2022 which was effective from July 1, 2022.
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DA likely to be hiked by 4%
The Centre is likely to increase dearness allowance (DA) under 7th Pay Commission for its employees and pensioners by 4% to 42 percent from the existing 38 percent.
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Salary to be effective from Jan 2023
After the DA is hiked, the new salary would be effective from January 2023. Apart from this, the Central government is also expected to increase DR for pensioners.
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How much DA to be hiked?
After the cabinet meet, the Centre is expected to increase the dearness allowance from the current 38% to 42%.
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