DA Hike Update: According to the All India Consumer Price Index, this time there may be a 2 percent increase in DA from January 2025, after which DA will increase to 55%, in such a situation, a 2 percent increase may disappoint central employees and pensioners.
Central Employees DA Hike: The Central Government revises the rates of dearness allowance and dearness relief of central employees and pensioners twice every year, which depends on the half-yearly data of the All India Consumer Price Index. This increase is done every year from January and July, which is announced around March and October.
At present, employees and pensioners are getting DA at the rate of 53% and the next DA is to be increased from January 2025, which is announced around March, but has not been announced yet, due to which there is resentment among the employees. Earlier there was news that DA may increase on Holi Rangpanchami but no announcement was made. Then the news came that the proposal could come in the cabinet meeting to be held on March 26 under the chairmanship of PM Narendra Modi, but even then no decision was taken. Now it is expected that the announcement can be made on the occasion of Eid or Chaitra Navratri.
When and how much will the DA of central employees increase?
- Currently, central employees pensioners are getting DA at the rate of 53% and the next DA is to be increased from January 2025 which will depend on the data of AICPI Index from July to December 2024 by the Ministry of Labor.
- In the data from July to December, the AICPI Index score has reached 143.7 and DA score 55.99%, in such a situation, it is expected that DA may increase by 2% instead of 3% because the one before 0.50 is rounded off from the downward calculation and the one above is rounded off from the upward calculation. If there is a 2% increase in DA, it will be the lowest in the last 7 years, because from July 2018 to December 2024, every time DA has increased by at least 3% or 4%, in such a situation, an increase of only 2% in DA can disappoint central employees and pensioners.
- The new rates will be applicable from January 2025, in such a situation, arrears of 2 months January and February will also be available, if it is announced in April, then arrears of 3 months will be available.
DA Hike: Salary / Pension Calculation
- The rate of dearness allowance (DA) is decided on the basis of All India Consumer Price Index for Industrial Workers (AICPI-IW), which is released by the Labor Bureau.
- The government decides the rate of increase in DA for the next 6 months by analyzing the AICPI-IW data of the last 6 months.
- DA and DR for pensioners are calculated based on the Consumer Price Index (CPI-IW) applicable for industrial workers.
- If the basic salary is Rs 18,000, a 2% increase will result in an increase of Rs 360 per month. An additional benefit of Rs 4,320 will be provided in a year.
- If the basic pension is Rs 9,000, there will be an increase of Rs 180 per month, giving an annual benefit of Rs 2,160.
- If an employee’s salary is Rs 1,00,000, he is getting ₹53,000 under the current 53% DA.
- If it is 55%, he will get ₹55,000.
