7th Pay Commission Latest News

DA Hike for Central Govt Employees Expected in September 2024

[{"selector":"#anim-e28ed3a9-8b1b-4e39-9689-2abe0fbc3a72","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] A second Dearness Allowance (DA) hike is on the horizon, promising a salary increase for central government employees and pensioners.

What to Expect?

[{"selector":"#anim-c20188ad-4642-4935-90de-aef48aceebe8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] DA Set to Rise by 3% The DA is projected to jump from 42% to 45%, linked to the Consumer Price Index.

Impact on Salaries

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Why It Matters to Boost to Economy

[{"selector":"#anim-762e527e-d959-476c-8b26-f83359d0c00e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] More money in the pockets of employees could lead to increased consumer spending, benefiting the economy.

What’s Next about Annual DA Reviews?

[{"selector":"#anim-c030329e-e0ab-45ae-97a9-fd21fd3ff6e8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The government reviews DA rates twice a year, in January and July, ensuring wages keep up with inflation.