7th Pay Commission: 52 lakh central employees and 60 lakh pensioners are going to get happiness on the dearness allowance front in September. It is believed that the government will increase the current 17 percent DA to 31 percent.
Dearness Allowance Freeze from 1st January 2020.
7th Pay Commission News on Dearness Allowance: As former Minister of State for Finance Anurag Thakur said in his written statement in Parliament that dearness allowance of central employees and pensioners will be restored from July 1. This could not happen but according to the latest information, it is expected to be restored from September. Explain that due to Corona, the government has kept the Dearness Allowance frozen from 1 January 2020.
Regarding the benefit of dearness allowance to central employees and pensioners, it has been claimed in the Zee Business report that for July to December 2021, dearness allowance can be 3 percent. Recently, the All India Consumer Price Index (AICPI) has released data regarding the inflation rate between January and May. Based on this data, dearness allowance has been estimated to increase by 3 percent. 52 lakh central employees and 60 lakh pensioners will get the benefit of this.
At present, central employees and pensioners get a costly allowance of 17 per cent. It is expected to increase from September. Under normal circumstances, the announcement of increasing dearness allowance is made on July 1. In such a situation, if it is unfreezed in September, then the rate of increase in July will also benefit.
According to the increase of 4 percent in dearness allowance in January 2020, 3 percent in July 2020, 4 percent in January 2021 and 3 percent dearness allowance in July 2021, the total arrears make up 14 percent. In such a situation, when it is implemented in September 2021, the total dearness allowance along with arrears will increase to 31 percent (17 percent earlier and 14 percent arrears).