50 Lakh Central Govt. Employees’ Salaries Can Be Increased As A Diwali Gift From Modi Govt.
So we have second news on the 7th Pay Commission, right in one week. That is something. Last week we had brought out to you that the Union Government had accepted the MAC Progression schemes as recommended by the 7th Pay Commission for central govt employees, which shall largely benefit them.
In today’s news, as a post-Diwali gift to its employees, the NDA government is likely to raise the salaries of its employees soon.
Govt. To Raise the Salaries of Employees
What comes best before and nest after a festive season? Bonus. Comprehending further, wouldn’t it be amazing if you get a present from the authority wherein your salary itself is elevated? Well, sounds great deal to me.
In another one of its 7th Pay Commission notice, the govt is seriously considering to raise the salaries of its employees soon, which would gigantically benefit nearly 50 lakh central government employees. Even though the government hasn’t made any formal announcement regarding this, a final decision is expected to be taken in November.
Govt Has Risen DA for Employees
Employee satisfaction is 100% important for any organisation to function thoroughly. The government has realised it well. It has recently raised the Dearness Allowance (DA) of central government employees from 12% to 17%, effective from July.
The government employees have for long been demanding the government to increase their minimum salary and fitment factor. According to them, the 7th Central Pay Commission (CPC) salary was not inflation-adjusted and the price rise rendered the benefits received from the pay hike useless.
The announcement benefited around 50 lakh employees and 65 lakh pensioners. This was the highest DA raise by the government in recent years, according to Union Minister Prakash Javadekar.
The thing is, Dearness Allowance is a cost of living adjustment allowance, which is adjusted as per the inflation, in order to compensate for price rise. This is calculated as a fixed percentage of a person’s basic salary or pension. India, Pakistan and Bangladesh are reportedly the only countries where government employees are given such an allowance.