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Home Personal Finance 7th Pay Commission DA Hike Date Confirm: When will Modi government increase...

7th Pay Commission DA Hike Date Confirm: When will Modi government increase DA, you will be happy to hear the date!

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Navratri 2022 DA Hike Latest News: There is every possibility that on September 28, in Navratri, the government may announce an increase in dearness allowance for central employees and pensioners.



7th Pay Commission Dearness Allowance Hike Date Latest News: What the Central Government employees and pensioners have been waiting for for the last three months, that wait is just about to end. After 20 days from today, the Modi government is going to give a big gift to the central employees and pensioners on festivals. And when this gift will be received, the same date has also come to the fore. On September 28, 2022, two days after the start of Navratri, the government is going to open its treasury for central employees and pensioners. An announcement to increase Dearness Allowance can be made in the cabinet meeting to be chaired by Prime Minister Narendra Modi on September 28 .

The gift will be received on September 28!

Officially the cabinet date and inflation hike will be announced, it has not been announced. But there is every possibility that on September 28, for the central employees and pensioners in Navratri, the government can announce an increase in dearness allowance for the half year of 2022 from July to December.

Dearness allowance will increase on Navratri!

The festival of Navratri is starting from 26th September and it is Dussehra on 5th October. And it is expected that dearness allowance of central employees and pensioners can be increased this month. Every year the government increases the dearness allowance twice. In the first phase, the increase in dearness allowance is applicable from January and secondly from the month of July. Changes are made in DA and DR on the basis of retail inflation data. Retail inflation is running above the RBI’s tolerance level of 6 per cent and is at 6.71 per cent. The government has increased dearness allowance for the first half of the year 2022 from January to June. Now the increase in dearness allowance for the month of July to December is awaited. And dearness allowance is set to increase in September.

How much will DA increase!

Earlier it was believed that the dearness allowance would be increased by 4 percent. But in view of rising inflation, dearness allowance can be increased by 5 percent. In view of the data of All-India Consumer Price Index, it is estimated that dearness allowance of central employees may be increased by 39 percent. could. With the increase in dearness allowance, a tremendous increase in the salary of central employees is possible. According to the data, the effect of this decision of the central government will be 47 lakh employees and 68 lakh pensioners.

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