7th Pay commission: Now the wait is for the next dearness allowance (Next DA Hike). It will be announced in July 2022. But, before this the news is not good for the central employees.
7th Pay commission: Recently, the central employees got the gift of 3% DA hike from the government. Overall, now his dearness allowance has reached 34 percent. Its money was also credited with March salary. At the same time, the employees have also got the DA Arrear for January-February 2022. But, now the wait is for the next Dearness Allowance (Next DA Hike). It will be announced in July 2022. But, before this the news is not good for the central employees.
Less hope of increasing DA in July
The dearness allowance of central government employees is revised twice a year. The first is given from January to June. At the same time, the second from July to December. The first increase of dearness allowance for the year 2022 has been done. Now it will be revised once again in July. But, dearness allowance figures have started coming. At present, the figures that have come, it is indicating that the possibility of increasing the next dearness allowance is very less. However, only January and February AICPI index figures have come. Compared to December 2021, it has seen a decline for two consecutive months.
How much did the AICPI number fall?
In December 2021, the AICPI figure stood at 125.4. But, in January 2022, it declined by 0.3 points and fell to 125.1. Then in February also it has declined by 0.1 points. After two months of continuous decline, this figure indicates that there will be no decline from the current DA. But, if this figure falls further and goes below 124.7, then there may be a brake on the increase in DA. At the same time, DA can be kept constant even if it goes below 124. According to experts, there will be no reduction in DA.
So will DA not increase in July?
The possibilities of increasing DA in July 2022 are not over yet. The numbers for March, April, June are yet to come. If the AICPI index improves during this period, then there will definitely be an increase in dearness allowance. However, it is too early to say how much the increase will be. On the other hand, if the index goes down, it is difficult to expect a hike in dearness allowance.
Labor Ministry releases data
The data of All India Consumer Price Index (AICPI) has been taken by the Ministry of Labor and Employment on the basis of retail prices collected from 317 markets located in 88 industrially important centers of the country. The index has been prepared for 88 centers and for the entire country. AICPI is released on the last working day of every month.
