Tuesday, 3 September 2019

7th Pay Commission: BIG announcement on this date 7th pay Commission latest news: 3.2 pct DA hike


GUJARAT JOB MATERIALS ARMY NEWS
7th Pay Commission: BIG announcement on this date 7th pay Commission latest news: 3.2 pct DA hike 

PM Narendra Modi government is likley to make a big announcement regarding pay matrix hike of Central govt employees within this week. According to reports, Centre is likely to increase dearness allowance (DA) for its employees on September 4, after proposed Union Cabinet meeting on Wednesday.





The cabinet is expected to make an announcement on the 5 per cent DA (Dearness Allowance) hike for the central government employees.

If the central govt employees receive a 5 per cent increase, their salary will jump by anywhere between Rs 900 to Rs 12500 per month, depending on the level. The increase in dearness allowance is expected in the wake of a rise in inflation, as per ICPI figures for months between January and June 2019. Currently, the DA for government employees stands at 12 per cent.

7th pay Commission latest news: The public sector company Steel Authority of India Limited (SAIL) has recommeded 3.2 per cent hike in the Dearness Allowance (DA) for its lower grade employees. The navratna company management has written a letter in this regard to the Minister for Labour and Employment Santosh Gangwar. In the last quarter, DA for the lower grade SAIL employees was increased by 3.4 per cent.

If the recommendation is accepted by the Ministry of Labour and Employment (which is almost likely), lower grade employees at SAIL can have a monthly salary hike from Rs 500 to Rs 1,800. The sources have told Zee Business Online that the DA hike will be implemented from October 1, 2019.

7th Pay Commission: BIG announcement on this date 7th pay Commission latest news: 3.2 pct DA hike 

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7th Pay Commission: BIG announcement on this date 7th pay Commission latest news: 3.2 pct DA hike Rating: 4.5 Diposkan Oleh: Raghu Thakor

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