Wednesday, July 18, 2018

Government employees and pensioners are going to give Modi government

Government employees and pensioners are going to give Modi government

Modi government can soon give a bigger gift tocentral employees. The government can increase the employees’ allowances and allowances for pensioners. Labor Minister is working on the new series of Consumer Prize Index for Industrial Works. Based on this, dearness allowance will be decided. If the dearness allowance is increased from the government, then the benefits will be benefited by more than one crore employees and pensioners.

DA is a Cost of Living Adjustment Allowance, which is given to government employees, public sector employees and pensioners in the country. It is calculated as the percentage of basic salary of the employees. Employees are given dearness allowance to reduce the impactof inflation. According to the sources, the LaborBureau industrial workers working by the Ministry of Labor and Employment, the new series of Consumer Price Index for 2016 has been finalized as a base year. The base index of the current index is 2001.
According to sources, the base year will now bechanged every 6 years. The change in base year is expected to affect the government tens of millions of rupees.

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