Big news has come for government employees because the government is preparing to increase DA, which will benefit thousands of rupees to the employees, this plan was still secret but it was revealed before time.
The Modi government at the Center has not yet announced the DA hike for January 2023. However, sources claim that it has been decided to increase it by 4 percent. At present, the central government employees get dearness allowance at the rate of 38 percent, soon it is expected to increase to 42 percent. This will benefit 65 lakh central employees and 48 lakh pensioners. After this, on July 1, 2023, there will be an increase in the DA of central employees again.
Will increase on the basis of AICPI index
This increase is done on the basis of data of AICPI index issued by the Ministry of Labor. After the decline in December, the figure for January has increased again. After looking at this figure, it seems that there will be a 4 percent increase in DA in the coming July. Actually, on the basis of AICPI index figures from January to June, there will be an increase in DA in July. The DA hike for July is often announced by the government in September.
AICPI reached 132.8 points,
The December 2022 figure was at 132.3 points. The figure of January 2023 released last day has reached 132.8 points. AICPI can go above this in the coming times. In such a situation, it is expected that the increase in DA applicable from July 1 will be 4 percent. The DA for July will be announced on the basis of AICPI index data coming after January.
DA increases twice a year
Let us tell you that under the Seventh Pay Commission (7th Pay Commission), the DA (DA Hike) of central employees is increased twice a year by the government. Now the DA of January 2023 will be announced soon. After this the DA of July 2023 will be announced.
Who releases the data?
Let us tell you that it is decided on the basis of AICPI index that how much will be the increase in dearness allowance? On the last working day of every month, the figures of All India Consumer Price Index (AICPI) are released by the Labor Ministry. This index has been prepared for 88 centers and for the entire country.
