Tuesday, February 28, 2017

UTILIZE 7th CPC HRA ARREARS FOR CENTRAL GOVT EMPLOYEES WELFARE SCHEMES

When we will get our house rent allowance?

This is the question nowadays often raised by the central government employees.

The Central government implemented new 7th pay commission from 1/1/2016.Employees received first 7th pay commission wages in the month of August. The government decided to pay their arrears from 1/1/2016.

Regarding allowances, the government wants to reconsider the recommended allowances submitted by seventh pay commission. Dearness allowance, traveling allowance and house rent allowance is the most important allowance of employees. Because it is holding a major role in the monthly pay.

Hence the employees are totally upset about the government decision on allowances At present, almost fifteen months crossed from the seventh pay implementation. There are thirty-eight lakhs central employees working directly or indirectly under various departments. In that, more than ninety percent belongs to group C. That stands for lower grade employees. They are struggling to obtain a decent life within the wages. Approximately monthly five thousand rupees will be including in the salary in house rent allowance only.

Most of the employees borrowed housing loan. Around forty percent of the salary gone through the EMI.. Apart from that personal loans, marriage expenses, medical expenses also push the employee in the nook. So 7th CPC HRA and other allowances must be admitted in the monthly salaries.

If an employees basic as on 01/01/2016 is 43600.

The below-mentioned table shows the recurring amount of the allowances settled in government hands.
 6th CPC HRA
 7thCPC HRA
 Difference
 4400
 10400
 6000
One month approximate difference=6000
But we take 5000 as average for 38La employees
5000*38 =19000
So 15months from implemented date total fund in govt hands is
15*19000Crores=28500Crores

The honorable central government disburse the huge amount only for central employees welfare or introduce a new scheme to take benefits at their retirement stage.