Dearness Allowance Hike: The new calculation of AICPI Index for the new dearness allowance will come on the evening of June 30. It will be clear from this that how much Dearness Allowance will increase this time?
DA Hike July 2023: The new dearness allowance for central employees and pensioners will be implemented from July 1. This dearness allowance is expected to be announced by the government in September. In March, DA was increased by 4 percent to 42 percent. This time also if it increases by only 4 percent, then it will increase to 46 percent. But its figure depends on the AICPI Index of May. The data of AICPI index will be released by the Labor Ministry on the evening of 30 June.
Increased DA will be available from July 1
Employees are getting the benefit of dearness allowance announced in March from January 1, 2023. The DA to be announced in September under the 7th Pay Commission will be given from July 1. The new calculation of AICPI Index for the new dearness allowance will come on the evening of 30th June. It will be clear from this that how much Dearness Allowance will increase this time? The April figure has already increased to 134.02 points. On the basis of this, dearness allowance has reached 45.04%. This time it can go above 45.5%.
Who releases the data?
It is decided on the basis of AICPI index that how much will be increased by the government in the dearness allowance of the employees? On the last working day of every month, the figures of All India Consumer Price Index (AICPI) are issued by the Labor Ministry. This index has been prepared for 88 centers and the entire country.
How much money will increase
If at present the basic salary of a government employee is Rs 18000, then on this he gets 42 percent dearness allowance ie Rs 7560. But if the dearness allowance increases to 46 percent, then the dearness allowance will increase to Rs.8280 per month. Accordingly, the salary will increase by Rs 720 every month.
