DA/DR Hike 2023 : Lakhs of employees and pensioners will get gifts! 4% increase in DA is possible, benefit of arrears-allowances also…….

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DA/DR Hike 2023 : Lakhs of employees and pensioners will get gifts! 4% increase in DA is possible, benefit of arrears-allowances also.......
DA/DR Hike 2023 : Lakhs of employees and pensioners will get gifts! 4% increase in DA is possible, benefit of arrears-allowances also.......

Central Employee DA/DR/ Salary Hike 2023: There is good news for 1 crore central employees and pensioners. After Ganesh Chaturthi, the Modi government at the Center can give a big gift to the employees and pensioners.

It is reported that by the end of September, a 4 percent increase in dearness allowance and dearness relief may be announced. This estimate has been made from the data of AICPI index released by the Labor Department from January to June. After this increase, the DA DR will increase to 46 per cent. Due to this, a bumper jump in salary will also be seen.

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New DA rates may be announced by the end of September

According to the latest media reports, the proposal to increase DA and DR may be approved in the Union Cabinet meeting to be held on September 27 after the G20 summit. After this, the ‘DA’ of central employees will increase from 42 to 46 percent.

It will be implemented from July 2023, in which case the employees will also get arrears of two months, July and August. Due to this, there will be a jump of up to 50000 in the salary of the employees. There will also be a 25 percent increase in the same allowances. However, it has not been formally announced yet.

DA increase proposal will come soon in cabinet

According to media reports, an important meeting of the Modi cabinet is to be held on September 27, in which the Expenditure Department of the Finance Department may propose a DA hike. Orders will be issued by the Finance Ministry after approval from here.

Central employees can get the benefit of 46% dearness allowance from October. Its benefit will be given to 47.58 lakh employees and about 69.76 lakh pensioners. This will increase the salary of the employees from 27000 to 70000. The same allowances will also be given.

July’s AICPI index figures also released

The AICPI index of July 2023 released by the Ministry of Labor has also been released, in which a big jump of 3.3 points has been recorded. The AICPI index for July released by the Ministry of Labor has increased by 3.3 points to reach the level of 139.7 points as against 136.4 points in June 2023.

After this, the dearness allowance score has increased to 47.14 percent. However, the figures from September to December are yet to come. After this, the inflation index numbers from July to December will decide how much DA will increase in the coming year 2024. At present the rates for July are yet to be announced.

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