7th pay commission: Dearness allowance is expected to be approved in the cabinet meeting of the central government before Holi. It means to say that the government can take a decision on dearness allowance in the next 15 days.
Central employees are waiting for DA for the first half of 2023. Almost every employee wants to know by when the central government will take a decision on dearness allowance and what will be its formula. Today we will tell you on the basis of the pattern till now, till when the employees can get good news on dearness allowance. At the same time, on the basis of formula, we will try to understand how much dearness allowance can be increased.
What is the pattern: Except for the Corona period, the decision on dearness allowance for the first half is usually taken before Holi. This year Holi is on 8th March. Dearness allowance is expected to be approved in the cabinet meeting of the central government before Holi. It means to say that the government can take a decision on dearness allowance in the next 15 days. Along with this, a decision on dearness relief i.e. DR for pensioners will also be taken in the same period.
What is the formula: Dearness Allowance for central employees is calculated on the basis of Consumer Price Index for Industrial Workers (CPI-IW) released by the Labor Bureau every month. The Labor Bureau is a part of the Ministry of Labour.
Recently, Shiv Gopal Mishra, General Secretary of All India Railwaymen’s Federation had told – this time the increase in DA is 4.23 percent but the government does not take the decimal into DA.
In such a situation, there can be an increase of four percentage points in DA. It can be increased from 38 percent to 42 percent. The increase in dearness allowance will be applicable from January 1, 2023.
