Central Employee DA Hike 2023: Before the upcoming elections, there may once again be a huge increase in the salary and pension of 1 crore central employees and pensioners. It is reported that after the increase in the figures of AICPI index from January to June, after the end of the Parliament session,
the Modi government at the Center can announce an increase in DA and DR of employees and pensioners by the end of September. If this happens, there will be a jump of 50 thousand to 1 lakh in the salary of the employees.
4 percent DA increase possible
Actually, the rates of dearness allowance and dearness relief of central employees are revised twice a year in January and July, which depends on the half yearly data of AICPI index. The rates for January have been revised and now the new rates for July 2023 are to be released.
According to the data from January to June 2023, DA is set to increase by 4 percent. However, the final decision has to be taken by the Modi government at the Centre. At present, central employees are getting the benefit of 42 percent DA as per the 7th Pay Commission.
Announcement may be made by the end of September
If the latest media reports are to be believed, a proposal for a four percent increase in DA and DR may come in the Union Cabinet meeting to be held on September 27. After this, the ‘DA’ of central employees will increase from 42% to 46%.
Since it will be implemented from July 1, 2023, employees-pensioners will also get arrears for two months of July and August. There will also be an increase in other allowances, in such a situation there will be a bumper jump in the salary of employees and pension of pensioners.
There will be a bumper increase in the salary and pension of employees and pensioners.
There is a possibility that after the Cabinet approves the proposal to increase DA, orders may be issued by the Finance Ministry by the end of September. The same central employees can get the benefit of 46% dearness allowance from October. Its benefit will be available to 47.58 lakh employees and about 69.76 lakh pensioners.
Due to this, the salary of the employees will increase from Rs 27000 to Rs 70000. They will also get the benefit of the same allowances. However, official confirmation is yet to be made. The score of dearness allowance that comes between July and December will decide how much the dearness allowance will increase again in January 2024.
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