7th Pay Commission latest updates: Salary hike upto Rs 21,000 expected post-budget 2020 for central government employees
New Delhi | Jagran Business Desk: The central government employees may get a big boost to their salaries as a hike is expected post budget 2020 that will be presented on February 1 this year in the Parliament. As per a report, the Central government is likely to announce a 4 per cent hike in DA to nearly 1.1 crore central government employees and pensioners. As per stats, the hike will lead to a rise in DA from 17 per cent to 21.
Speaking to Zee Business, Harishankar Tiwari, Former President at AG Brotherhood said, "In November, the Consumer Price Indes (CPI) has hit 328 levels. Now, the DA will go down below 4 per cent only when the CPI will improve by 12 points, which doesn't look possible in the current inflation scenario."
"The Centre is expected to announce DA in early March 2020," he added.
He also stated that for Level-1 central government employees minimum basic salary is Rs 18,000 while for the Cabinet Secretary levels employees' basic salary is Rs 2.5 lakh.
A four per cent rise in DA for Level-1 employees means a minimum hike of Rs 720 up to Rs 10,000. Railway employees, in particular, may see a hike in salary, ranging from Rs 5000 up to Rs 21000.
The news comes at a time when the central government employees are demanding a raise in the fitment factor to 3.68 (which is currently 2.57 times) and minimum pay to Rs 26000.
Earlier at the beginning of this month, Gujarat government had raised DA of its state government employees by 5 per cent. The decision will benefit nearly 9.61 lakh employees in the western state. As per reports, Kalmanth-led Madhya Pradesh government might also raise DA of nearly 10 lakh state government employees.
Posted By: James Kuanal