Good news for employees of the center: Increase in inflation allowance from January

New Delhi Ta-30 Dec 2019 Monday

It is reported that the coming 2020 New Year is coming with good news for the central government employees. It was reported that the average salary of each employee will increase to Rs.

The Modi government is to increase the inflation allowance of central government employees by four to five percent, so the salary of almost every employee is likely to increase by Rs.

Doing so will benefit about five lakh central government employees. As well as 62 lakh pensioners will also benefit. Generally, the central government increases the inflation allowance of its employees twice a year. The first increase is in January and the second increase is in June.

The lowest level employee will get an average salary increase of Rs 700 and the upper level employees will get a salary increase of ten thousand.

At present, employees of the Central Government get 17 per cent inflation allowance. The current government will increase by another four percent while inflation allowance will be 21 percent.

The central government gives this increase every year so that its employees do not suffer from inflation. Public sector employees and pensioners also benefit.