PERSONAL FINANCE
DNA Web Team | Jul 09, 2021, 09:09 AM IST
1.How much will the monthly salary rise?
People also beginning to assess how much the monthly salary of central employees will increase after the dearness allowance increases. A media report claims that the monthly salary of employees will go up from Rs 3000 to Rs 30,000. Obviously, the monthly salary will increase after the restoration of DA and will depend on the pay scale of the employees.
2.31% DA hike
At present, a central employee gets 17 per cent Dearness Allowance under the 7th Pay Commission. When the DA is restored and the last three instalments are given, then it will be 28 per cent. It will increase by 4 per cent DA in January 2020, followed by 3 per cent in the second half i.e. July 2020 and an increase of 4 in January 2021. Now, if it increases by 3 percent in July 2021 also, central employees will get 31 percent (17+4+3+4+3) from September.
3.Government to spend Rs 30,000 crore
According to media reports, the central government may spend Rs 30,000 crore on DA, DR growth in FY222. States are also expected to spend around Rs 60,000 crore in a similar manner. The basic salary of central employees and pensioners ranges from Rs 23,000 to a maximum of Rs 2.25 lakh. The government is expected to give an increase in DA, DR before the festive season so that consumption also increases.
4.How long will DA come, DR
According to a report, DA, the increase in DR will be considered effective from July 1 and will be paid before Dussehra (October 15). This will also include a two-month arrear. If this happens, a hefty sum will come into the hands of the central employees before the festival.
5.DA, DR calculation
According to Shiv Gopal Mishra, the DA arrears of Class 1 employees will range from Rs 11,880 to Rs 37,554. He said that if the basic pay scale CPC agal level-13 i.e. 7th is calculated for the pay scale of Rs 1,23,100 to Rs 2,15,900 or level-14, the DA arrears of a Central Government employee will be between Rs 1,44,200 and Rs 2,18,200.
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