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7th Pay Commission: Union Cabinet approves DA hike for central govt employees

Written by  Rajan Nath -- July 14th 2021 03:41 PM -- Updated: July 14th 2021 03:48 PM
7th Pay Commission: Union Cabinet approves DA hike for central govt employees

7th Pay Commission: Union Cabinet approves DA hike for central govt employees

7th Pay Commission: In good news for lakhs of central government employees, the Union Cabinet led by Prime Minister Narendra Modi on Wednesday approved the hike in Dearness Allowance (DA) for these employees from 17 to 28 percent. Union Minister Anurag Thakur said that the Dearness Allowance (DA) for the Central Government and pensioners employees has been increased from 17 to 28 percent. This will be applicable from July 1, 2021. Also Read | Kanwar Yatra 2021: Supreme Court issues notice to Centre, UP government to allow pilgrimage 7th Pay Commission: Centre hikes DA for central govt employees to 28% - Business News Notably, the Central government employees and pensioners were currently getting 17 percent DA under the 7th Pay Commission. Also Read | Google Pay not authorised by RBI? Here’s a fact check about viral post 7th Pay Commission latest news: Central government employees may get DA hike in THIS month - Details here The decision to restore Dearness Allowance (DA) hike for central government employees was taken after it was frozen last year. It is pertinent to mention that the Centre had frozen DA and DR of central government employees and pensioners last year in view of the decline in government revenue collection and rising spend on social welfare schemes following the outbreak of the coronavirus pandemic. 7th Pay Commission: Cabinet approves 28% DA hike, check how much your salary will increase | Personal Finance News | Zee News As of now, three installments of DA were pending i.e.

  • 4 percent from January 1, 2020, to June 30, 2020,
  • 3 percent from July 1, 2020, to December 31, 2020,
  • 4 percent from January 1, 2021, to June 30, 2021.
With the recent development, the central government employees are likely to witness a big hike in their take-home salary, provident fund contribution and gratuity as well. -PTC News

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