7th pay commission: More DA and bonus soon for these 18 lakh government employees coming
7th pay commission: Most recently, Haryana has announced the hiked DA of its employees to 9 per cent from 7 per cent earlier, following the footsteps of the central government.
7th pay commission: The wait of central government employees is getting longer day by day as they are yet to get any assurance for their demands of pay hike over and above the seventh pay commission. However, the news and developments related to the 7th pay commission have been coming in from various quarters.
Most recently, Haryana has announced the hiked DA of its employees to 9 per cent from 7 per cent earlier, following the footsteps of the central government. The hike is in line with the recommendations of the 7th pay commission. Now the Yogi Adityanath government is expected to announce a good news soon for the Uttar Pradesh government employees. The government may not only hike Dearness Allowance but may also give a bonus to the employees by October end. The move will benefit around 18 lakh employees.
The employees are currently getting 7% DA which will now be increased to 9 per cent. The hike will be implemented retrospectively from July 2018. This means the employees will also get arrears for three months. According to sources, the salary of lower level employees has increased by three to four thousand rupees while those at the middle level have received a hike of four to six thousand rupees after the implementation of the 7th pay commission. However, the salary of those above the Level 9 has increased three to four folds which have widened the gap between the salaries of lower and upper-level employees.
Watch This Zee Business Video
The central government employees have also been demanding a pay hike as per the fitment factor of 3.68 times which will set the minimum salary at Rs 26,000 from the current Rs 18,000. There are about 48.41 lakh central government employees and 61.17 lakh pensioners waiting for the announcement to fulfil their demands. It is a huge faction and servicing their demands will require a massive spend by the government.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.