7th Pay Commission: Good news for the employees. In fact, according to a latest update, it is being said that the DA of the employees will be applicable from January 1, 2023 only.
Navratri’s have started and everything is going well, so central employees are going to get a big gift during this time. More than one crore central employees and pensioners of the country can get the gift of increase in Dearness Allowance (DA Hike) and Dearness Relief (DR Hike) from the Modi government. If this happens then a huge amount is going to come in their account.
According to reports, there is a possibility of meeting of central employees today. It is believed that in this meeting the government may announce an increase in dearness allowance. According to the information, this time the dearness allowance of the employees may increase by 4 percent.
If this happens, then the current dearness allowance will increase from 38 to 42 percent. Means Goddess Lakshmi is going to shower on the employees during Navratri.
Let us tell you that there are two revisions in the dearness allowance in a year. Looking at the records of the last few years, the government always announces the DA hike in the month of March. In the years 2019, 2021 and 2022, the DA hike has been approved in the last week of March, so it is believed that this time also the government may increase the DA at the end of March.
According to the information, the last cabinet meeting of the month of March is also to be held on the 29th, but by announcing the DA hike in the previous meeting, the government will transfer more salary to the accounts of the employees in the month of March.
The increase will be applicable from January 1, 2023 only!
After the announcement of the increase in DA, the Finance Ministry will issue its notification. After the notification is issued by the Ministry of Finance, the increase in the salary of central employees and the pension of pensioners will be implemented.
According to the information, if everything goes well, the salary for March will be paid along with the new dearness allowance. While the arrears of January and February will be received. The increased dearness allowance and relief will be applicable from January 1, 2023 itself.
Dearness Allowance will be increased from 38 to 42 percent.
It is worth noting that the central employees (7th Pay Commission) are currently being paid DA at the rate of 38 per cent. If it increases by 4 percent, it will increase to 42 percent. After this, the annual dearness allowance will increase to Rs 90,720 for those with a basic salary of Rs 18,000.
Talking about the difference from the existing dearness allowance, the salary will increase by Rs 720 per month and Rs 8640 annually. At the same time, there will be an increase of Rs 2276 per month in the salary of employees with a basic salary of Rs 56900 per month. Means the salary will increase by Rs 27312 on annual basis.
Lakhs of employees and pensioners will be benefited-
Let us tell you that lakhs of employees of the country are eagerly waiting for this. 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 once again.
Announcement is made on the basis of AICPI data-
Let us tell you that the increase in Dearness Allowance and Dearness Relief (7th Pay Commission) is announced on the basis of AICPI figures released by the Ministry of Labour. That is, on the basis of AICPI-IW data, allowance is given to the employees by calculating inflation.
DA and DR have revision every 6 months. Generally, the dearness allowance for January is announced before Holi in March and that of July is announced before Diwali in September-October.
Announcement happens in March and September-October-
The last DA revision was done on 28 September 2022, before Diwali. It was considered applicable from 1 July 2022. Then it was increased by 4 percent. Then the DA was 34 per cent, which was increased to 38 per cent. In this, once again the matter of 4 percent increase is coming to the fore.
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