7th Pay Commission: In a candid move, the central government is planning to increase Dearness Allowance(DA), Dearness Relief (DR), Arrears and Fitment factor. There is large possibility of providing triple gift bonanza to over 125 crore employees and pensioners in view of elections in 5 States. Moreover, The Lok Sabha Assembly elections will also be held in January. Therefore, there is much chance of getting hike in salary and pending arrears too.
7th Pay Commission: DA and DR increase
As expected, there is a possibility of 4 per cent increase in dearness allowance and dearness relief. If this happens, the dearness allowance will increase from the current 42 to 46 per cent and his salary may increase from Rs 8,000 to more than Rs 27,000 annually.
DA arrears
Meanwhile, the central employees (7th Pay Commission) are also hopeful that the central government may take a big decision on the payment of arrears of the increase in dearness allowance held during the Covid period. Meanwhile, the central government increased the DA by 17 per cent in a lump sum for January 2020, June 2020 and January 2021. But during that time the frozen money was not paid to the employees. After the improvement in the situation from Covid, the employees’ union has been continuously demanding payment of DA arrears of 18 months from the government. If this happens, then they can get the benefit of up to Rs 2,00,000. However, on several occasions the Center has refused to pay DA arrears.
Increase in fitment factor
Besides, news is coming that the government is seriously considering the long-standing demand of increase in the fitment factor by the central employees (7th Pay Commission). At present, fitment factor is being given to central employees at the rate of 2.57 per cent. There is a demand to increase it to 3.68 times. With the increase in fitment factor from 2.57 to 3.68, the minimum basic pay will increase from Rs 18,000 to Rs 26,000. If the central government accepts this demand, then there will be a tremendous increase in the minimum salary of the central employees.
According to media reports, the central government may give triple bonanza of gifts to lakhs of its employees and pensioners in the coming days. The central government can give them three gifts one after the other. According to reports, the central government may take a major decision in favor of employees and pensioners on DA-DR hike, outstanding DA arrears and fitment factor.
There may be rain of money for the central employees in the coming time. Due to this, there will be a big increase in the salary of central employees and pension of pensioners.