The 24th day of the year is today. Government employees are excited about this year as the new year of 2023 has just began. All that the administration has planned to do in response to the demands of the employee unions is this.
The Dearness Allowance for government employees is increased twice a year, in January and July, according to AICPI data. The dearness allowance (DA Hike) for central employees may now increase by up to 3% in the current year, according to the inflation graph.
Additionally, the government has not yet released the DA arrears for employees from January 2020 to June 2021. Employee unions continue to pressure the government to release the arrears. According to the most recent data, the government may shortly make a decision regarding unpaid arrears of 18 months.
Concerns have also been raised about raising the fitment factor. According to earlier reports, the government might provide this as a New Year’s bonanza.
According to the most recent update, the government will raise the fitment factor following the Budget 2023. Employees want the government to raise the fitment factor rate from the existing 2.6 percent to 3.7 percent.
The salary of the employees will significantly increase if this is done. According to experts, the basic pay will increase from Rs 18,000 to Rs 26,000 as a result of the increase. For those who are unaware, the government last increased the fitment factor in 2016.
