From the AICPI data released on January 31, 2023, it was decided that the dearness allowance would increase by 4.23% but, it is given in a round figure, so the total increase is fixed to be 4%.
Central Employees DA Hike: The wait of the central employees waiting for the increase in dearness allowance is about to end, their dearness allowance is going to increase, with a 4 percent increase, now it will be from 38 percent to 42 percent, it is expected It is expected that this will be approved in the meeting of the Union Cabinet to be held on Friday.
The wait of central employees is about to end
For the last two months, there will be a bumper jump in the salary of the central employees, who are waiting for the announcement of increase in dearness allowance, earlier it was expected that the central government can announce this before Holi, but there was disappointment on Holi because The Union Cabinet meeting could not be held around Holi and no decision could be taken on the DA hike.
DA increase will be sealed in the special cabinet meeting!
Now this meeting is going to be held in which it is decided to seal the 4 percent DA increase, actually earlier this meeting was going to be held on Wednesday, March 15, but sources tell that now this special cabinet meeting will be held tomorrow, Friday, March 17. In which DA increase will be stamped. Significantly, after the last increase in the DA of central employees, it had increased to 38 percent and they are getting it at the same rate, now it will increase to 42 percent after 4 percent increase.
Finance Ministry will issue notification
Sources reveal that the special cabinet meeting which was not held on Wednesday due to some reasons included the discussion on the increase in dearness allowance in the main agenda, now since the cabinet meeting is to be held on Friday, it is believed that it will be increased by 4 percent. Dearness Allowance will be approved, after the decision, the Finance Ministry will issue its notification.
Increased salary will be available in April
After the notification of the Ministry of Finance, the salary of the central employees will be fixed on the basis of this DA increase, i.e. the salary employees of March will get in April, they will get the obstructed money with a bumper bounce, they will also get arrears, which will be of a huge amount. Will be in the form
Pensioners will also get benefit
Central government pensioners will also benefit from the 4 percent DA increase by the central government, it is noteworthy that during the Lok Sabha session, the government had refused to give the arrears of 18 months of dearness allowance, in such a situation, 4 percent dearness allowance has been increased. It will be a great relief for pensioners, there are more than 52 lakh pensioners and more than 60 lakh central employees. The dearness allowance and dearness relief of all these are set to increase.
Why will DA increase only by 4 percent?
Labor Bureau calculates dearness allowance and dearness relief for employees and pensioners under 7th pay commission, for this calculation is done on the basis of All India Consumer Price Index (AICPI), increased by 4% for January 2023 Yes, from the AICPI data released on January 31, 2023, it was decided that there would be an increase of 4.23% in Dearness Allowance but, it is given in a round figure, so the total increase is fixed to be 4%.