The VDA is revised on the basis of the average Consumer Price Index for industrial workers (CPI-IW), a price index compiled by the Labour Bureau (an attached office of the Ministry of Labour & Employment).
The move would benefit 16 lakh government employees and pensioners and the advancement of the DA hike would entail an additional expenditure of Rs 1,620 crore for three months and for a year the expenditure shall be Rs 6,480 crore.
7th Pay Commission: With this, the new DA rate will be 28 per cent, up from 17 per cent of basic salary, and this was at par with the one being provided to Central government staffers and pensioners, Gujarat Chief Minister Nitin Patel said.
7th Pay Commission: Uttar Pradesh Chief Minister Yogi Adityanath on Thursday announced that the state government has hiked the dearness allowance of government employees. The hike will come into effect from July 2021, the chief minister said in the state assembly.
“The finance department will soon issue a notification for the increase in dearness allowance for state government employees and pensioners," Nitish Kumar said.
This announcement to provide a financial benefit of Rs 450 crore to the employees and pensioners was made by the CM Jai Ram Thakur while presiding over a state-level function at historic Seri Manch in Mandi.
The DA revision was withheld in 2020 due to the financial stress on state coffers in the wake of the Covid-19 pandemic.
The Jharkhand government has announced a hike in dearness allowance (DA) for its employees.
The Karnataka government has ordered releasing additional installments of dearness allowance (DA) for its employees and pensioners, which it had frozen in view of the crisis arising out of the COVID-19 pandemic.
The Haryana government has announced a hike in dearness allowance (DA) for its employees and pensioners.
7th Pay Commission: The Finance Ministry has clarified that it has not issued any notice on resumption of Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) for Central government pensioners from July 2021.
Pay Matrix is a simple table that presents the salary structure of Central government employees. It makes it easier to get an idea of the current pay levels and also know the salary growth throughout the career.
The government will spend an additional amount of Rs 320 crore in the next fiscal for the three per cent increase in DA and dearness relief (DR) for its employees and pensioners, Law Minister and the government's spokesperson Ratan Lal Nath said on Thursday.
According to media reports, the Centre is expected to increase the dearness allowance of its employees by 4 per cent which will increase the Dearness Allowance to 21 per cent. At present, dearness allowance is 17 per cent.
In Budget 2021, Finance Minister Nirmala Sitharaman has proposed to provide tax exemption on cash allowance in lieu of Leave Travel Concession (LTC).
The Labour Ministry has declared the AICPI (All India Consumer Price Index) data that indicates that the Centre may announce at least 4 per cent hike in the DA. This is to be noted that the hike in the DA will also lead to a rise in central government employees' Travel Allowance (TA) too.
7th Pay Commission: Good news for central government employees! The government is mulling a salary and Dearness Allowance (DA) hike. The employees who are going to get salary hike can start celebrating New Year from today itself. As per updates, this hike in salary and DA will be as per the 7th Central Pay Commission.
7th Pay Commission: The salaries of the employes may lead to hike before Diwali as the Union government is planning to change the base year for the consumer price index for industrial workers (CPI-IW). The move is likely to benefit 48 lakh central government employees.
7th Pay Commission latest news: The Delhi High Court on Tuesday asked the North Delhi Municipal Corporation (NDMC) to disburse pending salaries of municipal teachers and observed that no employee should be deprived of the joy during the Diwali festival.
The Kerala Government issued an order to deduct the salary of government employees for six days every month for the next five months as part of raising funds for fighting the COVID-19 pandemic in the State. The order made it clear that there will be no salary cut for those staffwho earn less than Rs 20,000 per month.
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