7th Pay Commission DA Hike: Central government can give relief to central employees soon. The government may increase the DA of government employees in the first week of March. If media reports are to be believed then the salary of government employees may increase by 3%. December figures have been released under the AICPI index released by the Labor Ministry.
7th Pay Commission DA Hike: Central government can give relief to central employees soon. The government may increase the DA of government employees in the first week of March. If media reports are to be believed then the salary of government employees may increase by 3%. December figures have been released under the AICPI index released by the Labor Ministry. Looking at this data, it seems that the government can increase DA by 3 percent.
AICPI index climbed continuously till November
The AICPI index has steadily increased from July to November but declined in December. The AICPI figures for October and November were the same. In December, the figure fell to 132.3 points as compared to November. The AICPI figure stood at 132.5 points in October and November. It was 131.3 in September, 130.2 in August and 129.9 in July. It was 132.5 in November. Now in December 2022 it has come down to 132.3. Due to the low AICPI index, it is expected that there will be an increase of only 3 percent in DA. If it is less in January also, then its effect can be seen in the increase in dearness allowance. The Labor Ministry releases the data of All India Consumer Price Index (AICPI).
These employees will benefit
Central employees and pensioners will be benefited by increasing the dearness allowance of the government. A decision on dearness allowance and dearness relief for the country’s 65 lakh government employees and about 48 lakh pensioners can be taken in the first week of March i.e. before Holi.
Government employees will be benefited
Currently, government employees get DA at the rate of 38 percent. If the government increases DA by 3 percent, then the DA of the employees will increase to 41 percent. That is, government employees will get 41 percent of the basic salary as DA. These new rates will be considered applicable from January 1, 2023.
