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There is a relief news for the central government employees and pensioners amidst the fear of recession in the markets around the world and the extreme inflation. According to sources related to the government, the government can increase the dearness allowance of central employees by up to five percent. At present, central government employees get 34 percent DA, if the government decides to increase it, the amount of DA they will get will increase to 39 percent. According to the news, soon its official announcement can be made by the central government.
Experts believe that the government can increase the fitment factor along with the DA. At present, 2.57 percent of the basic salary is given in this item. This can be increased to 3.68 percent. For a long time, the workers unions of the country have been demanding to increase it. If the government considers the demand of the employees’ organizations and decides to increase it, then the minimum wage of the central government employees will increase from Rs 18,000 to Rs 26,000.
Let us tell you that on the basis of All India Consumer Price Index (AICPI), the central government determines the dearness allowance of its workers twice every year. In January this year, dearness allowance was increased from 31 per cent to 34 per cent. Sources related to the government tell that now the central government can take a decision to increase it by another 5 percent. The government’s decision to increase DA will benefit about 1.16 crore central government employees and pensioners in the country.
How much will the salary increase due to increase in DA?
If the government decides to increase the DA by five percent, then the salary of the central government employees will increase. If the basic salary of an employee is Rs 18000, then he is currently paid dearness allowance of Rs 6120 at the rate of 34 per cent. If the government decides to increase the dearness allowance by five percent, then they will be paid 39 percent of the basic salary as DA. In such a situation, on the salary of 18000, he will now get Rs 7020 as DA. In this way, they will get Rs 900 more in salary head.
Another advantage of increasing DA will be that it will also increase the PF and gratuity contribution of the employees. At the same time, according to the news going on in the media, the government can also take a decision to increase the HRA of central employees. At present, HRA (House Rent Allowance) is paid to central government employees at the rate of 27%, 18% and 9 percent, depending on the urban, semi-urban and rural areas respectively.
How will the workers benefit from the fitment factor?
If the fitment factor is also approved by the government, then the employees who currently get the minimum salary of Rs 18000, their salary can increase to at least Rs 26000. This means that due to this decision of the government, the salary of entry-level employees will increase by up to eight thousand rupees.