7th CPC DA/DR : All-lndia CPI-IW for June 2022 stood at 129.2 with an increase of 0.2 points. Accordingly, Dearness Allowance for Central Government Employees and Dearness Relief for Pensioners has now been confirmed to be 38% with an increase of 4 per cent in the current rate. As per the report this increase will be approved by the cabinet in the month of September, 2022.
The All-India All-India CPI-IW for June 2022 stood at 129.2, up 0.2 points. On 1-month percentage change, it increased by 0.16 per cent over the previous month, compared to a rise of 0.91 per cent recorded between the same month a year ago.
Basic salary will be fixed every year
In the coming days, there can be good news for central government employees. If sources are to be believed, a new formula will be ready for salary increase in the next pay commission (in the 8th Pay Commission. Apart from the increasing salary due to fitment factor, the new formula can be considered. Recently, the central government has given 18 months to the employees. Has refused to give DA arrear. The new discussion may bring some relief to the employees. However, the new formula is likely to be implemented after 2024.
The recommendations of the 7th Pay Commission were implemented in 2016. 5 years have passed since that time. According to sources, the Central Employees Salary will be fixed every year with a new formula in the 8th Pay Commission to decide the salary of the central employees. However, there has been no confirmation from the government in this matter.
Sources believe that the time has come when the formula for increasing the salary in addition to the pay commission should be considered. The cost of living is continuously increasing. In such a situation, increasing the salary of the employees every year would be a better option.
What is the new formula that is being discussed?
Aykroyd formula can be considered for increase in salary of central employees. This new formula is being discussed for a long time. Actually, at present, the minimum basic salary of government employees is fixed on the basis of fitment factor. On this dearness allowance is reviewed every six months. But, there is no increase in the basic pay. According to experts, with the new formula, the salary of the employees will be linked to the inflation rate, cost of living and the performance of the employee. After assessing all these things, there will be an increase in salary every year. It will be similar to what happens in private sector companies.
Why can a new formula be created?
The focus of the government is that all categories of employees should get equal benefits. Right now there is a big difference in everyone’s salary in terms of grade-pay. However, with the introduction of a new formula, an attempt can be made to bridge this gap. There are currently 14 pay grades in government departments. Each pay grade includes from Employee to Officer. But there is a huge difference in their salary. A finance ministry official said the government aims to improve the standard of living of central employees. The suggestion of a new formula is good, but no such formula has been discussed so far. It is too early to say what will happen in the 8th Pay Commission
Salary will increase due to inflation of food and clothes
These days inflation is increasing continuously. But, the increase in salary is much less than that. Justice Mathur had indicated at the time of the 7th Pay Commission recommendations that we want to move the pay structure to the new Aykroyd formula. The salary is fixed keeping in mind the cost of living in it. The need of the hour is to pay salaries to the employees as against inflation. Let us tell you, the Aykroyd formula was given by the author Wallace Rudel Aykroyd. He believed that food and clothes are most important for the common man. With the increase in their value, the salary of the employees should increase.
Salary increased due to fitment factor in 7th Pay Commission
Under the 7th Pay Commission, the central government revised the minimum wage of the employees from the fitment factor. In this, the basic pay at pay grade 3 was increased from Rs 7,000 to Rs 18,000. Justice Mathur had said in the recommendation that the government should review the salaries of central employees every year according to the Consumer Price Index.
If you or any member of your household is an employee of the Central Government, then this news is going to make you happy. Yes, once again big news has come for the central employees. There is going to be a bumper increase in Dearness Allowance in the month of July. It is clear from the June month data of AICPI index that this time DA Hike will win your heart.
Big jump in AICPI index numbers
Data from the fast-growing AICPI index since February expects the DA in July to rise by at least 4 per cent. After April, there has been a big jump in the number of AICPI index of May. This time it has increased by 1.3 points and it has increased to 129 points.
