7th Pay Commission Central government employees may get good news next month. Actually, it is expected that the DM (DA Hike) of government employees can be increased. After this increase, the employee’s salary will also increase. Let us know what the employee’s salary will be after this decision of the government.
DA Hike Latest Update: Central government may soon give good news to government employees. Actually, the government can increase the DA and DR of central employees. According to many reports, the government can increase DM by up to 4 percent.
DA means dearness allowance which the government gives to the employee. Whereas DR (Dearness Relief) is given to pensioners. There are 48.67 lakh central employees and 67.95 lakh pensioners in India. The government increases DA twice in a year.
In October 2023, the government had decided to increase the DA of central employees by 4 percent. Let us tell you that the government takes the decision to increase DA on the basis of Consumer Price Index for Industrial Workers (CPI-IW).
If this time also there is an increase of 4 percent in the DA of the employee, then the basic salary of the employee will reach 50 percent.
Government made amendment regarding DA
Government employees get dearness allowance and pensioners get dearness relief i.e. DR. The dearness allowance received by the central employee is revised twice in a year. The change in DA is made for the first time in the month of January and second in July. DA changes for the first half are made public in March.
In such a situation, it is expected that the government can give gifts to the central employees on Holi (Holi 2024). This time, along with the central employees, pensioners will also get the benefit. Actually, the government may soon announce increase in DA and DR.
Employees’ salaries will increase
After the increase in dearness allowance, there may also be an increase in the salary of the employees. If the basic salary of the employee is Rs 18,000 then dearness allowance at the rate of 46 percent will be Rs 8,280. If it increases by 4 percent then it will become Rs 9,000. This is half of the employee’s basic salary.