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Business News » India News

7th Pay Commission latest news today: Most-awaited news for central government employees before festival season? Check them out here

The much-awaited DA hike would be the largest increase since the implementation of the 7th pay panel report in 2016, as it would reach 17 per cent. 

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7th Pay Commission latest news today: Most-awaited news for central government employees before festival season? Check them out here
Earlier in 2016, former FM Arun Jaitley has stated that his government is serious about the demand of central government employees, but so far, no decision has been taken. Image source: Reuters

7th Pay Commission: Millions of government employees may get this festival gift in accordance with the 7th Pay Commission report recommendations. These government employees would receive the first gift in the shape of 5 per cent increase in Dearness Allowance (DA). They may even also get a second gift of minimum basic pay hike from Rs 18000 to Rs 26000, says experts, adding that a 5 per cent DA hike is being released and it will be the highest increase so far.

HS Tiwari, former general secretary of the AG office, Brotherhood (Prayagraj), told Zee Business Online that dearness allowance would increase by 5 per cent, but it is too early to say as to what decision will the government take in this regard. Media reports claim that Finance Minister Nirmala Sitharaman is considering this demand of central employees. 

Earlier in 2016, former Finance Minister Arun Jaitley has stated that his government is serious about the demand of central government employees, but so far, no decision has been taken.

Lower level officials get less salary hike 

According to media reports, the Finance Minister is likely to hold a meeting with senior officers in this regard. Lower level employees are raising this demand because there was not much increase in their salary after the implementation of the 7th Pay Commission report. Notably, the number of such employees is more than that of middle level.

Maximum DA hike in 3 years

The much-awaited DA hike would be the largest increase since the implementation of the 7th pay panel report in 2016, as it would reach 17 per cent. The central employees will thus get the maximum hike in three years. 

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According to RK Verma, convener of the State Employees' Joint Council, Uttar Pradesh, expectations of DA hike is looming large due to the inflation numbers in the consumer price index (CPI) data from January to June 2019.

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TAGS:
7th Pay commissioncentral government employeesDearness Allowance
Written By: ZeeBiz WebTeam
Edited By: Harish Dugh
Updated: Fri, Aug 23, 2019
08:25 am
New Delhi, ZeeBiz WebDesk
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