Last year, due to coronation, the central government stopped the Employee Surplus Allowance (DA) and Pensioners Dear Compensation (DR). As a result of this decision, the central government has raised Rs 34,402.32 crore. This information was provided by the Minister of State for Finance Pankaj Chaudhary.
He said in a written reply to the question that the decision to freeze the DA and DR was made due to the financial difficulties caused by Kovid-19. 34,402.32 crore as a result of this decision. With this, the government has increased the DA rates for central government employees from 17 to 28 per cent, effective July 1, 2021, said Pankaj Chaudhary.
This increase includes an additional installment scheduled for January 1, 2020, to come on July 1, 2020. From January 1, 2020 to June 30, 2021, the DA rate is 17 per cent, Pankaj Chaudhary told the House. Let us tell you that with the increase in dearness allowance, there has also been an increase in the central employee’s home rent allowance (HRA). As per the 7th Pay Commission rules, if the allowance is higher than 25 per cent, then the house rent allowance (HRA) is to be increased. This is due to the increase in HRA.
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In addition, the amount of future funds ie PF and Gratuity will also increase. About 48 lakh central employees will benefit from the increase in DA. At the same time, more than 63 lakh employees are expected to benefit from the increase in DR.
