7th Pay Commission Latest news: Central employees can get great news before Diwali. This includes increasing DA and PF interest money coming in.
- Central government will give a gift before Diwali
- Then the DA of center employees may increase
- EPFO can release PF interest
New Delhi: Just before Diwali 2021, the center employees are going to get 3 big gifts. The first gift is related to the Dearness Allowance (DA) of the employees, because once again it may increase. Second gift, any result can come out on the ongoing talks with the government on DA arrears. While the third gift is related to the Provident Fund (PF). Interest on PF can get credited in your account before Diwali.
- Then DA can increase
The dearness allowance for July 2021 has not been decided yet, but the All India Consumer Price Index (AICPI) data for January to May 2021 shows that it may increase by up to 3 per cent. In this way, after increasing by 3 percent, dearness allowance will reach 31 percent. The central government can announce to increase DA around Diwali.
- Decision on negotiation on DA arrears
The matter of pending arrears has reached Prime Minister Narendra Modi since 18 months, on which a decision can come soon. In such a situation, the central employees hope that they will get dearness allowance before Diwali. Let us inform that due to the Covid-19 epidemic, the Finance Ministry had stopped the DA hike in May 2020 till 30 June 2021.
- PF interest money will also be available
More than 6 crore account holders of Employees’ Provident Fund Organization (EPFO) can get good news before Diwali. Interest money can be transferred to the bank account of PF account holders soon. EPFO may soon announce the transfer of interest to the accounts of its subscribers for 2020-21.