CURRENT AFFAIRS

Detailed explanation-1: -The Centre had increased DA by four percentage points to 38 per cent based on the percentage increase in 12 monthly average of All India Consumer Price Index for the period ending June, 2022. The DA is provided to employees and pensioners to compensate them for rising prices.

Detailed explanation-2: -Latest updates on 7th pay commission Over 23 Lakh retired Pensioners to get benefit of up to Rs. 18, 000 under 7th Pay commission. 3 Pending Dearness Allowance (DA) installments to be restored from 01 July, 2021. Modi Govt Extended the LTC for the period of next two years till September 25, 2022 as a Diwali Gift.

Detailed explanation-3: -The DoE states that casual workers will be eligible for the ad-hoc bonus if they have worked in offices six days a week for at least 240 days annually for three years or more (206 days annually for three years or more in the case of offices following a five-day workweek).

Detailed explanation-4: -The employees who were in service for less than one year during the relevant financial year shall be allowed PLB on proportionate basis, provided they were in service for atleast six months during the financial year and also on the last working day in February of that year. Rs. 3500/-per month.