If the index for December is 382, then the sum of the index between January and December 2022 will be 4468. Thus, the 12-month average will be 372.33. Under the formula, 42.43 percent dearness allowance will be payable on this average price index.
Central Employee Salary Hike 2023: There is good news for central employees. In the new year, the employees can once again get 3 big good news. According to the latest media reports, in 2023, the Modi government at the Center may once again give a gift of 4 percent dearness allowance to the employees, a decision can also be taken to increase the fitment factor and the amount of DA arrears for 18 months. However, official confirmation is yet to be made.
According to media reports, the DA of central employees-pensioners may be increased by 3 to 5 percent in the new year, after which it may be 42 or 43 percent. Since the recently released AICPI index data for November has seen an increase again, this figure has been at 132.5. December figures are yet to come, the numbers of AICPI index in the second half will decide how much dearness allowance will increase in January 2023. It can be announced by March 2023 and it can be implemented from January 1, 2023.
According to Harishankar Tiwari, former president of AG Brotherhood, an expert in wage and pension fixation, the Industrial Price Index is 382 points. If the index for December is 382, then the sum of the index between January and December 2022 will be 4468. Thus, the 12-month average will be 372.33.
Under the formula, 42.43 percent dearness allowance will be payable on this average price index. Dearness Allowance is in round numbers. Hence DA will be payable at 42%. It is believed that if the DA increases by 4 percent, then the basic salary of the employees is set to increase by a total of ₹ 720 per month and for the employees of the maximum salary range by ₹ 2276 per month.
There is also a possibility of increasing the fitment factor.
If media reports are to be believed, then in 2023, the Modi government at the Center may also announce an increase in the fitment factor of the employees, considering the demand. In view of the upcoming elections, the fitment factor of the employees can be increased from 2.57 to 3.00 or even 3.68 percent under the 7th Pay Commission, if the consent is made then the basic salary of the employees will increase by 8000 from 18000 to 21000 or 26000.
There is a possibility that the central government may take a decision on this after the budget to be presented on February 2023. Many big announcements can be made for the employees in the same budget, although no official statement or confirmation has been made in this regard so far. Has been done.
Basic salary will increase up to 49000
- Due to the fitment factor, the salary of central employees increases by more than two and a half times.
- At present, the fitment factor of the employees under the 7th Pay Commission is 2.57 times and the basic salary is 18000.
- For example, if the basic salary of a central employee is Rs 18,000, then excluding allowances, his salary will be 18,000 X 2.57 = Rs 46,260.
- At 3.68, the salary will be Rs 95,680 (26000 X 3.68 = 95,680) i.e. Rs 49,420 profit will be available in salary. With 3 times the fitment factor, the salary will be Rs 21000 X 3 = Rs 63,000.
Possibility of considering arrears of 18 months
If media reports are to be believed, in 2023, a decision is also being expressed on the long pending 18 months DA arrears of the employees. Since the case of DA Arrears of central employees from January 2020 to June 2021 i.e. 18 months is still stuck, due to which resentment is increasing among the employees. It is expected that in view of the upcoming elections, in the year 2023, the central government can solve it by finding a middle way regarding the arrears.
There is news that if the DA of 18 months is calculated, it can reach from thousands of rupees to lakhs of rupees, which the employees are demanding, although till when this decision will be taken, it is not decided yet. Here, the Central Employees Union has decided to call an important meeting in Delhi on January 7, in which the strategy of the movement will be decided on this issue.
You can get arrears up to 2 lakhs
- If an arrear of 18 months is agreed upon, then Rs 11000 to Rs 2.18 lakh can come in the account of the employees.
- It is estimated that the total amount of arrears is around Rs 34,000 crore, which has saved the central government.
- It is expected that Level-1 employees will get Rs.11,880 to Rs.37,554, Level-13 (7TH CPC Basic Pay-Scale Rs.1,23,100 to Rs.2,15,900) and Level-14 (Pay-Scale) from Rs.1,44,200. There is an arrear of Rs.2,18,200.
