Central Employee Next DA Hike 2023: The month of July can prove to be lucky for 1 crore employees and pensioners of the Center. There is news that once in July, the dearness allowance of the employees-pensioners can be increased by 4 percent.
This estimate has been made from the figures of the AICPI index released by the Labor Ministry so far. If there is an increase in DA by 4%, then the DA of the employees will increase from 42% to 46%. Its benefit will be given to 48 lakh employees and 69 lakh pensioners. This will be the second hike of the year.
Dearness allowance may increase by 4 percent
Actually, the dearness allowance of central employees is increased twice a year in January and July, it is calculated by the Labor Bureau. DA and DR are calculated on the basis of Consumer Price Index (CPI-IW), which is released every month. With the AICPI figure for April at 134.2 points and the DA score at 45.06, the index is expected to touch 46.40 during May and June. Although the May-June figures are yet to come, the May figures will be released between June 28 and 30. Only after this it will be final that by what percentage dearness allowance will increase in July.
New rates may be applicable from July
According to media reports, before the upcoming elections, central employees and pensioners may once again get the gift of 4 per cent dearness allowance. If DA is increased by 4% then the DA of the employees will be 46%. This will be the second hike of the year. At present, the employees are getting the benefit of 42 per cent DA, which is applicable from January to June 2023.
The new rates will be applicable from July 1, 2023 and can be announced between Rakshabandhan to Diwali, in which case arrears will also be available, although it has not yet been officially confirmed that how much DA will increase and when it will be announced.
How much will the salary increase if there is 46% DA/DR?
- If the basic pay of a central employee is Rs 18,000, then after increasing the DA, it will increase by Rs 720. In this way annually he will get Rs 8640 more salary.
- If the basic salary is Rs 56900, then he will get Rs 2,276 more every month in terms of 4% more DA. Annually he will get a profit of Rs 27,312.
- If the monthly take-home salary of a government employee is around Rs 42,000 and the basic pay is around Rs 25,500, then he still gets Rs 9,690 as DA. Now in the event of 4% DA hike, this DA money will increase to Rs 40,740. So in this case, the take home salary will increase by Rs 4,020 every month.
- Monthly pension of 69.76 lakh pensioners will also increase. For example, if someone
gets a basic pension of Rs 30,000 a month, then he gets Rs 44,400 as dearness relief.
After 4 % DR hike, this money will increase to Rs 42,600, which means pension
will increase by Rs 800 every month.
Update on 18 Months DA Arrears
Before the upcoming elections, the stir has also intensified once again regarding the outstanding DA arrears of 18 months (from January 2020 to June 2021). The Central Government has made it clear in the Parliament that there is no consideration on the outstanding DA arrears, yet its employees unions are continuously demanding arrears.
Recently, senior member of ‘National Joint Council of Action’ (NJCA) and General Secretary of All India Defense Employees Federation (AIDEF) C. Sreekumar has written a letter to the Central Government, in which he has said that now with the demand for restoration of OPS Will also fight for payment of DA/DR for 18 months.
The National Council of Staff Side’ (JCM) has written to the Cabinet Secretary for payment of DA arrears of 18 months. A report has also been given to the Ministry of Finance. In this regard, the central government has also cited the decision of the Supreme Court. Now it has to be seen what decision the government takes on this.
