Good news for employees, November AICPI figures released, DA will get a bumper hike in January 2023, Details here

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AICPI data for November has been released. Accordingly, there is a possibility of a bumper increase in the dearness allowance of the employees.

7th Pay Commission: Very good news has come out for the central employees before the new year. Actually there will be a huge increase in their DA. An increase of 4 percent can be seen in the dearness allowance of central employees. Actually the AICPI figures for the month of November have been released. These figures show that the dearness allowance of central employees will increase once again in proportion to inflation.

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Increase possible in March 2023
With the release of industrial inflation figures, now the increase in dearness allowance of central employees is increasing rapidly. The increase in dearness allowance for the employees is due in January 2023. However, it is believed that in the end of February and early March, there will be an increase in the dearness allowance of the employees. Before this, an increase in the dearness allowance of the employees will be seen on the basis of the figures of the second half of 2022.

According to the AICPI data of November 2022, an increase of 4 percent can be seen in the dearness allowance. The All India CPI-IW for November 2022 has remained unchanged at 132.5%. Along with this, it has entered the fourth phase with dearness allowance from January 2023. An increase of 4 percent in the dearness allowance received by central government employees and pensioners is believed to be fixed. At the same time, it has been estimated to reach 42 percent.

Three or four percent increase in dearness allowance fixed
Under the possibility, if there is a decrease of 5 points in the index for the month of December, then instead of 42%, the employees will be given the benefit of 41% dearness allowance. Then an increase of 3 percent can be seen in their dearness allowance. However, if the index increases by 7 points, then the DA of the employees may increase to 43%. In such a situation, there is a possibility of 5 percent increase in their dearness allowance. Although this change is certainly impossible. In such a situation, an increase of three or four percent in the dearness allowance of the employees is being considered as fixed.

Salary will increase so much
He will get the gift of dearness allowance in March 2023. However, with this announcement, it will be implemented from January 2023. At the same time, with the increase of 4 percent in the dearness allowance of the employees, it will reach 42%. In such a situation, an increase in the basic salary of the employees will be seen at a total rate of ₹ 720 per month. For the employees of the same maximum salary range, it is fixed to increase at the rate of ₹ 2276 per month.

Salary of employees will increase at this level

Minimum salary range employee

  • Basic salary of the employee – Rs 18000
  • New Dearness Allowance 42% -Rs 7560/ per month
  • Current DA 38% – Rs 6840 per month
  • Dearness allowance difference – Rs 720
  • Annual increase – Rs 8640

Maximum Basic Salary Employee

  • Basic salary of the employee – Rs 56900
  • 42% Dearness Allowance – Rs 23898
  • Current Dearness Allowance – Rs 21622/ per month
  • Dearness Allowance Difference – Rs 2276/per month
  • Annual increase – Rs 27312
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