The government has no opinion to position up the eighth pay commission for central govt workers, Union Minister of Affirm for Finance Pankaj Chaudhary steered Parliament.
“No such proposal is below consideration with the government for constitution of the eighth Pay Charge for central govt workers,” Chaudhary talked about in a written acknowledge to a demand of in Lok Sabha. He used to be addressing a demand of within the Dwelling on whether the government proposed to guarantee a smartly timed constitution of the eighth Central Pay Charge for central govt workers in instruct that it might maybe presumably maybe maybe additionally be utilized on January 1, 2026.
“In convey to compensate central govt workers for the erosion within the valid tag of their salaries on anecdote of inflation, the dearness allowances (DA) are paid to them and the fee of DA is revised periodically every six months on the root of the fee of inflation as per All India Individual Charge lndex for Industrial Workers released by Labour Bureau below the Ministry of Labour & Employment, the minister talked about.
DA HIKE EXPECTED BY END OF FISCAL YEAR
Central govt workers are eagerly waiting for one other hike within the DA fee within the second half of of the financial 365 days. As inflation charges are being retained, the Cabinet is doubtless to originate bigger the DA for the total central govt workers and pensioners and a resolution on this regard will most certainly be announced quickly. DA is calculated on the root of retail inflation which has been over 7% for somewhat a whereas now.
In step with reports, the DA is doubtless to be hiked between 3% and 4%.
In July 2021, the Centre revised the DA from 17% to 28% as per the solutions of the 7th Pay Charge. Yet again, the Union cabinet licensed a hike of three% in DA for the staff in October 2021 efficient from July 1, 2021.
The central govt determined to originate bigger the DA by one other 3% in January 2022. At the moment, all