7th Pay Commission DA Hike: There is good news for central employees and pensioners. Today, on Monday, July 31, the figures of the June AICPI index are to be released by the Labor Ministry, after which it will be clear that by what percentage will increase in dearness allowance and dearness relief in the next half-year. According to the figures so far, an increase of 4 percent in DA / DR is considered fixed, if this happens then the DA of central employees will increase from 42% to 46%. More than 1 crore employees of the country will get the benefit of this.
4 percent increase in dearness allowance fixed
Actually, the DA of central employees is increased twice a year in January and July, the amount of increase in DA depends on the data of AICPI Index, which is released every month. But for DA the data is reviewed every 6 months and based on that the first hike is in January and the second in July.
According to the data of AICPI index for May 2023, dearness allowance has reached 45.58 percent and the index is at 134.7 points. In such a situation, a 4 percent increase in DA is being considered as fixed. At present the DA of central employees is 42%, if there is a 4% increase then DA can reach 46%. Due to this, there will be a big jump in the salary of the employees and the pension of the pensioners.
1 crore employees will be benefited
At present, the DA of central employees is 42%, which is applicable from January to June 2023. The next DA is to be applicable for July to December 2023. This will be the second hike of the year. It is expected that there will be a 4 per cent hike in DA in July, after which the DA of the employees will increase to 46 per cent. It will be implemented from July 1, 2023, in which case arrears will also be available. This will benefit 1 crore employee-pensioners. It is expected that the new DA rates may be announced anytime between Raksha Bandhan to Diwali.
How much will the salary increase?
For example, if the basic salary of a government employee is Rs 18000, then on this he gets 42% DA ie Rs 7560 and when it is 46%, then he will get Rs 8280 per month. Accordingly, there will be an increase of Rs 7560 in the salary. If someone gets a basic pension of Rs 30,000 a month, then he gets Rs 44,400 as dearness relief. After the 4% DR hike, this money will increase to Rs 42,600, which means there will be an increase of Rs 800 in pension every month.
