Thursday, May 27, 2021

DA hike to be at least 4%

 Amid COVID pandemic, here comes a piece of good news for the Central government employees. As per a report by Zee News, the Central government employees can finally breathe a sigh of relief as the government is going to increase their dearness allowance (DA) from July 1, 2021. If everything goes well and they get their DA hike, then dearness allowance will be increased by 28% from 17%, leading to an impressive hike in the salaries. Notably, over 50 lakh permanent central government employees and 65 lakh pensioners across India will be benefitted from the move of the government.

The DA is likely to be hiked to at least 4 per cent of the basic salary of a central government employee. With this hike, the total DA will reach 21 per cent. The hike in full DA could be announced on July 1, 2021.

In the wake of the coronavirus pandemic, the government had suspended the disbursement of DA at increased rates along with DR for pensioners. Suspending DA hikes for one and a half years helped the government save a total of Rs 37,530.08 crore.

(with inputs from business today and India.com/zee News)



Saturday, May 15, 2021

Centre likely to announce DA hike in June

 Due to the second wave of Covid-19 in India, the central government employees may have to wait a bit longer as the announcement for Dearness Allowance (DA) hike due since January 1, 2021 may get further delayed. According to the National Council of Joint Consultative Machinery (JCM) - Staff Side, the center may announce a DA hike in June 2021. The JCM office-bearer mentioned that the DA hike would be to the tune of at least 4 per cent of the basic salary of a central government employee.

Read More at Business Today


Friday, May 7, 2021

West Bengal announces ad hoc bonus, exgratia

 West Benagl Govt. announced ad hoc bonus for employees upto Rs 36,000/- pay an amount of Rs 4,500/-

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It also announce ex gratia grant of Rs 2,500 to pensioners whose pension plus D.A. does not exceed Rs 31,000/-

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The payment of bonus and ex-gratia as sanctioned hereinabove should be made before the festival of ld-Ul- Fitre of 2021 for the Muslim Employees/Pensioners/Family Pensioners and other than Muslim Employees/ pensioners/Family Pensioners the benefits should be disbursed in between 27th September, 2021 to 5th October,2021. 

Punjab pay panel recommends 20% salary hike

 The revised scales will be implemented with retrospective effect from Jan 1, 2016. Some key recommendations are increased of minimum pay to 18,000 from 6,950 per month; abolition of all types of special pay and any add-ons in basic pay; fixed medical allowance ( 1,000 per month for employees and pensioners); max limit of death-cum-retirement gratuity to be raised to 20 lakh from 10 lakh and DA system on central pattern to continue.

hough finance minister Manpreet Singh Badal after presenting his budget for financial year 2021-22 had stated that he factored in 9,000 crore for the pay and pension hike, there are serious questions about the ability to state to raise resources for bearing such a huge financial implication, particularly amid the Covid-19 pandemic. 

6th Punjab pay panel recommendations: 20% salary hike on cards for govt staffers

The revised scales will be implemented with retrospective effect from Jan 1, 2016. Some key recommendations are increased of minimum pay to 18,000 from 6,950 per month; abolition of all types of special pay and any add-ons in basic pay; fixed medical allowance ( 1,000 per month for employees and pensioners); max limit of death-cum-retirement gratuity to be raised to 20 lakh from 10 lakh and DA system on central pattern to continue
By HT Correspondent, Chandigarh
UPDATED ON MAY 05, 2021 03:51 AM IST

The 6th Punjab Pay Commission has recommended a two-fold increase in salaries of all employees over the previous pay panel, with increase in minimum pay from 6,950 to 18,000 per month, with retrospective effect from January 1, 2016.

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