7th Pay Commission: BIG news for central govt employees regarding DA hike, PF, gratuity change - News Summed Up

7th Pay Commission: BIG news for central govt employees regarding DA hike, PF, gratuity change


The hike in the DA will come in effect from April 1, 2021, as per the latest notification by the labour and employment ministry. These rates are equally applicable to contract and casual employees/workers," the ministry of labour & employment said in a statement. "The VDA is revised on the basis of average Consumer Price Index for industrial workers (CPI-IW) a price index compiled by Labour Bureau. The hike will also lead to an increase in the rate of minimum wages for more than 15 million central sphere employees and workers. "The enforcement of Minimum Wages Act in the central sphere is ensured through the inspecting officers of Chief Labour Commissioner (Central) across the country for employees engaged in the scheduled employment in the central sphere," labour ministry added.


Source: dna May 24, 2021 14:03 UTC



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