From the data of the AICPI index till June, it is clear that an increase of 4 percent will be announced in their dearness allowance.
According to media reports, it can be announced in the meeting of the Union Cabinet on 28 September. That is, you can get more money in the salary of September.
arrears will also get along
Let us tell you that the new dearness allowance of the employees will be applicable from 1st July 2022 i.e. you will get the money for the last 3 months in the form of arrears and transfer this amount to your account with increased dearness allowance. will be given.Â
DA will get 38 percent
The DA of the employees depends on the All India Shopper Value Index. Accordingly, the salary of the employees increases. This year, in July 2022, there will be an increase of 4 percent in DA, after which the employees will get dearness allowance at the rate of 38 percent.Â
The method of calculation has changed
The Ministry of Labor and Employment has changed the formula of calculation. The Labor Ministry has made changes in the base year (Base 12 months) of 2016 for Dearness Allowance (DA Calculation).
A new series of Wage Rate Index (WRI-Wage Price Index) has been released. The Labor Ministry said that the new series of WRI with base year 2016=100 will replace the old series of base year 1963-65.