7th Pay commission DA Hike latest news: Central employees have got a big gift. Dearness allowance has been announced for them. Now they will get more DA than before. Along with this, a big update has also been received on the arrears.
7th Pay commission news: The wait for dearness allowance is over. Soon it will be released. Its date has also been fixed. The formal announcement of dearness allowance will be made on 28 September i.e. on the third Navratri. Central employees will get the gift of dearness allowance in Navratri. It will be paid with the salary of September. Meaning from October 1, dearness allowance will increase to 38 percent. During this, central employees will also get the benefit of DA Arrear for two months.
How was it decided how much DA would increase?
The figures for the first half of AICPI-IW (All India Consumer Price Index- Industrial Worker) were released. In this, the index rose 0.2 points to 129.2. The government uses the data of this index to decide the Dearness Allowance of the employees. There has been an increase of 4 percent in DA due to the rise in the index. Experts are claiming that dearness allowance will be increased by 4%. More than one crore central employees and pensioners will get the benefit of this.
When will the money of 38% DA come?
After increasing the dearness allowance by 4 percent, the total dearness allowance of central employees has reached 38%. The new dearness allowance will be paid in the salary of September 2022. In this, the money for the arrears of two months of July and August will also come. The new dearness allowance will be considered as applicable from July 1, 2022. Overall, the government will pay it at the time of Navratri. This will bring big money in the pockets of the employees.
What will be the difference in salary?
The minimum basic salary in 7th Pay Commission is Rs 18,000 and at the level of Cabinet Secretary is Rs 56900. According to 38 percent, on the basic salary of Rs 18000, the total increase in annual DA will be available in Rs 6840. Total DA will increase by Rs 720 per month. On the maximum basic salary bracket of Rs 56,900, the total increase in annual dearness allowance will be Rs 27,312. Those in this salary bracket will get Rs 2276 more as compared to 34%.
