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(Budget 2020) Even though it is being released at 11 am today. But even before the budget is presented, the central staff is in a frenzy. The central government is to increase the inflation allowance for its employees by 4%. Before this, 11 million employees and pensioners will benefit greatly. The increase in DA will take effect from January 1. Now the dearness allowance of central employees will go up to 21 per cent.
According to our affiliate website G Bees, the inflation allowance is revised twice a year after the implementation of the 7th Pay Commission. The last time the DA was extended was on July 1, 2019. At that time the DA of central employees was 5 per cent. This time the DA is down one per cent. After the new inflation allowance is implemented, the DA of central employees will be increased from 17% to 21%.
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(Budget 2020) Even though it is being released at 11 am today. But even before the budget is presented, the central staff is in a frenzy. The central government is to increase the inflation allowance for its employees by 4%. Before this, 11 million employees and pensioners will benefit greatly. The increase in DA will take effect from January 1. Now the dearness allowance of central employees will go up to 21 per cent.
According to our affiliate website G Bees, the inflation allowance is revised twice a year after the implementation of the 7th Pay Commission. The last time the DA was extended was on July 1, 2019. At that time the DA of central employees was 5 per cent. This time the DA is down one per cent. After the new inflation allowance is implemented, the DA of central employees will be increased from 17% to 21%.
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