7th Pay Commission: The wait is over! Increase in dearness allowance will be revealed today
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Dearness Allowance hike: Big news is coming for Central Government Employees. By the evening of January 31, 2023, the figures related to dearness allowance will come. This will clear the picture of how much Dearness Allowance will increase. If experts are to be believed, this time also there may be an increase of 4 percent in the dearness allowance. Please tell that in July 2022, there was an increase of 4 percent in the dearness allowance. After this, the dearness allowance of central employees was increased to 38 percent. Now if there is an increase of 4 percent in it, then it will increase to 42 percent. With this increase, there will be a significant increase in the salary of central employees.
How much will be the next DA hike
The Labor Ministry had released the AICPI index figures for November last month. Only the figures for the month of December were awaited. However, it was clear from the figures of July-November that how much will be the next DA hike of central employees. Reports suggest that the DA hike for central government employees and pensioners was 3 per cent in January 2022 and the second hike of 4 per cent with effect from July.
Dearness allowance increases from time to time
Dearness Allowance (DA) and Dearness Relief (DR) are revised twice a year. It is effective from 1 January and 1 July every year. About 48 lakh central government employees and 68 lakh pensioners get its benefit. According to Harishankar Tiwari, former president of AG Office Brotherhood, Prayagraj, the Center will probably announce the January DA hike in March before Holi.
What is dearness allowance
DA is the living adjustment allowance given by the government to the public sector employees and pensioners. Its calculation is done as a percentage of the basic pay of government employees. The Center had announced the DA hike for its employees before Diwali last year. After this, many states like Uttar Pradesh, Haryana, Punjab, Delhi, Chhattisgarh, Assam, Rajasthan, Jharkhand, Odisha had increased the dearness allowance of their employees.
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