Central employees and pensioners will get big relief from Modi government, DA can be increased by such a percentage

Relief / Central employees and pensioners will get big relief from Modi government, DA can be increased by such a percentage

 

 There is good news for central employees and pensioners in the new year.  Inflation allowance is expected to increase by 4% in 2021.  Employees and pensioners are currently not getting the 7 per cent inflation allowance from July 2020, the central government is likely to increase the inflation allowance by 4 per cent in January 2021.  This will benefit 1.5 crore employees and pensioners of the country.

 

 Good news for central employees and pensioners

 Expenditure allowance is expected to increase by 4% in 2021

 One and a half crore employees and pensioners will benefit

 According to the information received from the Union Ministry of Labor, an inflation index is released every month on the basis of which central government employees and pensioners are also given inflation allowance twice a year i.e. in January and July.  This allowance is determined on the basis of the Consumer Price Index for industrial workers for the last 12 months and then calculated.

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 According to the base year 2021, if the consumer price index for December 2020 is reduced by 8 points, inflation will be 3% and if the index is increased by 24 points, inflation allowance will be given at 5%  But such a decrease or increase in a month is not possible.  Due to this, it will be decided to give 4% inflation allowance.

➡️ ગુજરાતીમાં સમાચાર વાંચવા અહીં ક્લીક કરો

 The December 2020 index is said to be released a month later and the new 2016 base year for industrial workers has been implemented from September 2020.  The inflation allowance is calculated by converting the old index to a factor of 2.88 in the index announced on the new basis.  This allowance can benefit Central Government employees and pensioners as well as employees and pensioners of many states including UP.  About one and a half crore people will get this benefit.