7th Pay Commission: There is good news for more than one crore Central Government Employees and pensioners waiting for the increase in Dearness Allowance (DA) and Dearness Relief (DR). If all goes well, their wait for the hike in Dearness Allowance (DA Hike) and Dearness Relief (DR Hike) may end this month.
On Navratri, they can get the gift of increase in DA (Dearness Allowance) and DR (Dearness Relief). According to the information, this time the government can increase the DA by 4 percent. If this happens, the dearness allowance of central employees will increase from 34 to 38 percent. However, it has not been officially announced by the central government.
Cabinet meeting chaired by PM Modi on 28 September
Actually this year Navratri is starting from 26th September, while Dussehra is on 5th October. On the third day of Navratri i.e. on 28 September 2022, an important cabinet meeting is going to be held under the chairmanship of Prime Minister Modi. In this meeting, the government can give green signal to increase the dearness allowance of central employees.
DA will increase from 34 to 38 per cent
If this happens, from October 1, the dearness allowance of central employees and pensioners will increase from 34 to 38 percent. At the same time, these people can also get the arrears money for the two months of July and August in October. It is noteworthy that the Dearness Allowance of Central Government employees is revised twice a year. The first is given from January to June, while the second comes from July to December. Let us tell you that the AICPI index plays an important role in deciding the dearness allowance of central employees.
Employees will benefit up to Rs 27000
The minimum basic salary in the 7th Pay Commission (7th Pay Commission) is Rs 18,000 and at the level of Cabinet Secretary is Rs 56,900. 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. At 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 per cent.
DA increases on the basis of AICPI index
After February, there is a continuous jump in the AICPI index. The figure of the AICPI index was 125.1 in January 2022, which came down to 125 in February. Whereas in March it reached 126 points. After this, in April it rose to the level of 127.7. In May it reached 129 points, while in June it reached 129.2 points. This has raised the expectation that the DA of central employees may increase by up to 4 percent.