7th Pay Commission: Centre likely to announce DA hike for all government employees on THIS date
DNA on 4 October. As per details, the approval of the decision to hike dearness allowance is expected during a cabinet meeting conducted by Prime Minister Narendra Modi.
This would be a perfect pre-Navratri gift for the central employees and pensioners if announced. The cabinet decision on this issue is seen as crucial as the Election Commission may announce the dates for assembly elections in five states at any time.
Following the imposition of the code of conduct, it may be challenging for the government to make this decision. The central employees and pensioners have been awaiting a dearness allowance hike since July and as per expectation, the government can raise the dearness allowance from 42 percent to 45 percent.
If hiked, the salary for October is expected to include the increased dearness allowance and arrears from July to September. Considering the festive season of Navratri commences on 15 October and Dussehra falls on 24 October, the latest hike in DA and arrears would be a timely gift.
Also, the decision would benefit 47 lakh employees and 68 lakh pensioners, giving them relief from the burden of rising inflation. This is a developing story, it will be updated shortly."Exciting news! Mint is now on WhatsApp Channels
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