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Home FINANCE DA arrears: Good news for employees! Government employees will get 3 gifts...

DA arrears: Good news for employees! Government employees will get 3 gifts in the budget, these allowances will increase

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7th Pay Commission: With the new year, the expectations of government employees have started rising. The employees are hopeful that this time the government will accept their demand.

The government increases Dearness Allowance (DA) twice a year. The government increases this dearness allowance in January and July. Looking at the inflation, it is expected that the government may increase the DA Hike by 3 percent this time.

DA arrears of 18 months

The government did not increase the DA of government employees from January 2020 to June 2021. After that, the government had increased the dearness allowance by 11 percent from July 2021. Nothing was said about the DA arrears of these 18 months. The employees union has been demanding arrears of 18 months for a long time. If the media reports come down, then the government can issue DA arrears of 18 months soon.

Fitment factor

Government employees are also demanding to increase the fitment factor. It is being said in the media reports that the government can give it as a New Year gift. The government is planning to increase the fitment factor after Budget 2023.

The rate of fitment factor is currently around 2.6 percent and the employees are demanding the government to increase it to 3.7 percent. If this is done, there will be a huge increase in the salary of the employees. Experts say that after the hike, the basic pay will increase from Rs 18,000 to Rs 26,000. The government last increased the fitment factor in 2016.

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