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Home » India » 7th Pay Commission: DA to be increased by 4% before the budget!

7th Pay Commission: DA to be increased by 4% before the budget!

According to the information, Industrial Output has registered a growth of 3.6 percent. GST collection is creating a record. In March 2020, it stood at Rs 97,597 crore, which has risen to Rs 1,15,000 crore in December 2020.

By Anukul Chauhan
Published on :
7th Pay Commission DA increase central government

7th Pay Commission: Central employees can get good news soon. According to the media reports, the central government has announced the dearness Allowance amount for the employees.

This decision comes at a time when the economy is recovering from the corona epidemic and GST collection is also making a record. About 50 lakh central government employees and over 65 lakh pensioners will get Dearness Allowance (DA) and Dearness Relief by this decision. An organization of central employees has also submitted a memo to the Finance Ministry.

In March last year, the central government has frozen the hike till June 2021 due to the corona epidemic. DA payments to central employees are currently given at a rate of 17%. 

If the central government assumes the demand of the central employees, they will be paid DA at the rate of 21%. However, no announcement has been made by the central government so far. Nor has any statement been made.

According to the Confederation of Central Government Employees and Workers, Covid 19 situation in the country is now improving. From September, where 95,000 corona positive patients were coming every day. Now, the number has come down to 17,000. That’s why industrial output has also increased. 

According to the information, Industrial Output has registered a growth of 3.6 percent. GST collection is creating a record. In March 2020, it stood at Rs 97,597 crore, which has risen to Rs 1,15,000 crore in December 2020.

7th Pay Commission: DA Payments 

As the DA calculation is linked to the DA All India Consumer Price Index (AICPI). The average of AICPI is taken in its formula. DA % = (Average of AICPI (base year 2001=100) for the last 12 months -115.76)/115.76) x100.

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