The Corona disaster has additionally impacted the nation's economic system. Meanwhile, on Thursday, the central authorities has banned the rise in dearness allowance for central staff and pensioners. This moratorium has been imposed until July 2021. At current dearness allowance can be paid on the prevailing fee.
The order issued by the Finance Ministry states that the dearness allowance of central authorities staff and pensioners has been elevated from 1 January 2020, adopted by 1 July 2020 and 1 January 2021. With this, the federal government has additionally made it clear that later this elevated dearness allowance is not going to be out there as arrears both. This determination of the federal government is for elevated dearness allowance. <! –
The dearness allowance and installment of dearness aid will proceed to be paid at present charges. This determination of the federal government will have an effect on 50 lakh central staff and 61 lakh pensioners.
Announced to extend final month
The central staff are paid dearness allowance twice a yr. The first dearness allowance is payable on 1 January yearly and the second on 1 July. The interval mounted by the federal government will embody three installments. The authorities had final month introduced a four p.c enhance in DA for presidency staff and elevated the DA of staff from 17 p.c to 21 p.c, however now this elevated dearness allowance is not going to be out there.
There is a reduce within the wage of PM and MPs
Earlier, the federal government had introduced a discount of as much as thirty p.c within the salaries of Prime Ministers, Presidents, MPs, Ministers. Not solely this, the MP Nidhi fund was additionally repealed for 2 years. The lockdown is in power within the nation resulting from coronavirus which has additionally affected the economic system. It additionally has a direct impression on GDP and income.