8th Pay Commission Latest Update: The Finance Ministry made it clear that the Dearness Allowance (DA) and Dearness Relief (Dr) freeze during Kovid-19. Also gave important information on 8th Pay Commission.
8th pay commission latest update: An important news has come for central employees and pensioners. The Finance Ministry has made it clear that the Arrear of Dearness Allowance – DA and Dearness Relief – Dr will no longer be given anymore during the Kovid -19 (Covid -19). The ministry has also given updates regarding the 8th Pay Commission.
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In fact, the question was asked in Parliament whether the 18 -month DA/Dr freezed between January 2020 and June 2021 will now be released after the country’s economic recovery. In response, Mos Finance Pankaj Chaudhary said that it is not possible to release arrears during the epidemic, so the impact of financial pressure and welfare schemes during the epidemic was there so it is not possible to issue arrears. He said that due to Kovid-19, it was decided to stop the three installments payable in January 2020, July 2020 and January 2021 so that the pressure on government finance could be reduced.
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Information about 8th Pay Commission in Parliament also
Currently, DA is 55% on basic pay under 7th Pay Commission. Whenever a new pay commission is implemented, DA is reset and started from zero. Meanwhile, the 8th Pay Commission has received an in-principal approval from the cabinet in January but it has not been formed yet. After the formation, the panel will discuss the report by discussing with stakeholders that will recommend changes in fitment factor and salary structure.