7th Pay Commission: Central govt takes 5 big decisions before DA hike restoration, check details
The Central government has come up with a slew of other benefits under the 7th Pay Commission that every central government employee must know.
New Delhi: The Central government is yet to announce the final date for the restoration of dearness allowance (DA) and dearness benefits (DR) for over one crore central government employees and pensioners. However, the government has come up with a slew of other benefits under the 7th Pay Commission that every central government employee must know.
House Building Advance
In June 2020, the Central government rolled out House Building Advance (HBA) scheme to provide loans at cheaper rates to government employees who are planning to construct their houses. The government is offering loans at a 7.9% interest rate and the last date for applying for the scheme is March 31 2022.