7th Pay Commission DA Hike: There is another good news for the central employees. His DA is going to increase by 3 percent next time. Recently, the central government has increased dearness allowance to central employees to 38 percent.
Its payment has also started getting along with his salary. But, now once again the numbers of his next dearness allowance have started coming. The next dearness allowance is to be announced in the year 2023. The inflation data from July 2022 to December 2022 will decide how much dearness allowance will increase in January 2023.
Now the numbers for two months i.e. July and August have arrived. From this it is being estimated that the next time also there will be an increase of 3 percent in the dearness allowance of the central employees.
AICPI Index Numbers Released
The figures of the AICPI Index for August have been released by the Labor Ministry. The index figures have jumped 0.3 points in August as compared to July. The figure had increased by 0.7 points in July compared to June 2022. Overall, there has been a jump of 1 per cent in the figure from June to August.
The AICPI index was at 129.2 in June. In July, the figure reached 129.9. In August, it has increased beyond 130.2. According to experts, it is difficult to guess by looking at the numbers of two months. But, if the index increases by 1 percent in the coming days, then the dearness allowance is expected to increase by 3 percent. If the index stays up to 131.4 points, there will be an increase of 3 percent. However, the correct estimate can be made only when the numbers for the rest of the months come.
Next dearness allowance may increase by 3 percent
The dearness allowance is increased every 6 months by the central government. Depending on the data of the AICPI index, how much will be the increase. The Dearness Allowance for July 2022 has been announced by the government.
Now the Dearness Allowance will be announced for January 2023 next year. The AICPI index numbers from July to December 2022 will show how much their dearness allowance will increase next year. At present, there has been a jump in the numbers for July and August and there are signs of an increase of 3 per cent.
Dearness allowance will reach 41 percent
If we look at the current figures, there will be an increase of 3 percent in dearness allowance. If it is assumed that there will be an increase of only 3 percent, then the dearness allowance will increase to 41 percent.
With this, there will be a good increase in the salary of central employees. DA expert Harishankar Tiwari believes that it is too early to calculate dearness allowance. But, the rise in the index indicates that there is good news for the employees on the dearness allowance front. If the index increases, then their dearness allowance will definitely increase.
Who releases the figures?
The dearness allowance of central employees is estimated on the basis of AICPI index. The figures of All India Consumer Price Index (AICPI) are released by the Labor Ministry. The index has been prepared for 88 centers and for the entire country. Industrial inflation figures for the previous month are released on the last working day of every month.