7th Pay commission: Now the wait is for the next dearness allowance (Next DA Hike). It will be announced in July 2022. But, before this the news is not good for the central employees.
7th Pay commission: Central employees are currently getting 34% Dearness Allowance (DA) money. But, in July 2022, the dearness allowance is to be revised once again. But, it hasn’t had a good start. The trend of Dearness Allowance (Next DA Hike) in January-February 2022 has been negative. Meaning the figures of the AICPI index have been declining for two consecutive months. In such a situation, now the wait is for the numbers of March 2022. Its number will be released on 30 April 2022. But, according to the current trend, the chances of increasing dearness allowance (DA Arrear) are less at present. The next dearness allowance will be announced in July 2022.
Why DA is expected to increase less
According to the 7th Pay Commission, the dearness allowance of central government employees is revised twice a year. It is announced once at the beginning of the year (in January) and from the beginning of the second half i.e. in July. Dearness allowance has been announced for the year 2022. It has increased to 34%. At present, consumer inflation is increasing continuously. But, the figure at the level of industrial workers is better than the current rate. In such a situation, the additional dearness allowance will also increase the burden of the government. At the same time, from the figures that have come now, the possibility of increase in the next dearness allowance is very less. However, the figures for 3 months are yet to come.
How much did the AICPI number drop?
In December 2021, the AICPI figure stood at 125.4. But, in January 2022, it declined by 0.3 points and fell to 125.1. Then in February also it has declined by 0.1 points. After two months of continuous decline, this figure indicates that there will be no decline from the current DA. But, if this figure falls further and goes below 124.7, then there may be a brake on the increase in DA. At the same time, DA can be kept constant even if it goes below 124. According to experts, there will be no reduction in DA.
So will DA not increase in July?
Under the 7th Pay Commission (7th Pay commission), the possibilities of increasing DA in July 2022 are not over yet. After March, the figures of the index will also be affected on the numbers of April, June. If the AICPI index improves during this period, then there will definitely be an increase in dearness allowance (DA me badhdega paisa). On the other hand, if the index goes down, then there is little chance of an increase in DA.
Labor Ministry releases data
The data of All India Consumer Price Index (AICPI) has been taken by the Ministry of Labor and Employment on the basis of retail prices collected from 317 markets located in 88 industrially important centers of the country. The index has been prepared for 88 centers and for the entire country. AICPI is released on the last working day of every month.
