7th Pay Commission DA Hike In 2023: In the year 2023, the Modi government is once again considering the DA hike of central employees. Let us inform that in the year 2022 also the dearness allowance of central employees was increased twice.
New Delhi: 7th Pay Commission DA Hike In 2023: In the coming year, central employees may get to hear a great news regarding their salary. Actually the thing is that in the year 2023, the Modi government is once again considering to hike the DA of central employees. Let us inform that in the year 2022 also the dearness allowance of central employees was increased twice. Now such news is also coming out in the media that in March 2023 the dearness allowance can be increased once again.
DA and DR are increased twice a year.
Let us inform that the central employees are given the benefit of DA/DR hike twice a year. In the year 2022, the data of Consumer Price Index till November has been released. According to these figures, it is believed that dearness allowance will be increased in the year 2023. However, for now we will have to wait for the inflation data till January. The last time the dearness allowance of the employees was increased by up to 4 per cent. At present, central employees are getting the benefit of dearness allowance at the rate of 38 per cent. If there is another increase of 4 percent in it, then it will increase to 42 percent with the increase.
On this basis the DA Hike
The decision of DA Hike is taken by the government on the basis of inflation rate in the country. If the inflation figures have increased, then it is more likely that there will be a higher increase in the dearness allowance. If we look closely at the current figures, it is known that inflation is much higher than the RBI’s comfort level of 2-6 per cent. When the inflation rate is high, the government increases the DA. Apart from this, DA hike is also decided on the basis of Consumer Price Index.
DA was increased by 3 percent in March
In March, there was an increase of up to 3 percent in the dearness allowance of central employees. At that time his DA Hike had reached the level of 34 per cent. In the year 2006, the Central Government made a formula for the calculation of DA and DR for government employees and pensioners. After that the DA Hike of the employees is done on the same basis.
