7th Pay Commission: According to media reports, the government may increase Dearness Allowance (DA Hike) by 5 percent from July 1.
New Delhi. There is great news for lakhs of central government employees and pensioners. They have been expected to get relief from rising inflation in the country. According to media reports, the government can increase dearness allowance (DA Hike) by 5 percent from July 1.
DA may increase from 34 percent to 39 percent
In fact, there was a jump in the AICPI index in March 2022, after which it is expected that the government may increase Dearness Allowance (DA) by 5 percent, not 3. If this happens, then the DA of the employees will increase from 34 percent to 39 percent. If this happens, the salary of central employees can increase by more than 27 thousand.
Aaya AICPI Index
The AICPI Index for the month of January and February this year saw a decline. 125.1 in January, 125 in February and increased one point to 126 in March. According to the data for April, the AICPI index has come down to 127.7. There has been an increase of 1.35 percent in this, that is, now if the data of May and June crosses 127, then it can increase up to 5 percent.
If there is 39 percent DA, the salary will increase so much,
if the basic salary of the employees is Rs 56,900, they will get Rs 22191 DA on the 39 percent DA. At present, Rs 19,346 is being received at the rate of 34 percent. With the increase of 5% DA, the salary will increase by Rs 2,845. In this way, about Rs 34,140 will increase annually.
50 lakh employees benefit
The government increases DA twice a year. At the beginning of this year, the government has increased the DA. Now the decision to increase DA by 5 percent is expected to benefit more than 50 lakh employees and 65 lakh pensioners.
