There will also be a difference in salary after modifying the DA calculation formula. In January 2022, 3% dearness allowance and house rent allowance (HRA) are also expected to increase.
7th Pay Commisson is big news for more than 1 crore central employees-pensioners. After increasing the Dearness Allowance, HRA and TA by 31%, the Modi government has changed the DA calculation. There will also be a difference in salary when the Central Government’s Ministry of Labor and Employment amends the DA Calculation Formula. In January 2022, 3% dearness allowance and house rent allowance (HRA) are also expected to increase, if this happens, then the DA of central employees will increase by 31% to 34 percent and there will be a big increase in salary.
In fact, after the announcement of raising dearness allowance of central employees from 28 to 31 percent, the central government has changed the calculation of DA. After the recommendations of the International Labor Organization (ILO), the government changed the old base year 1963-65 to the new base. Year 2016 has been done. Base year 2016 = 100 new WRI (with wage index) range of the current base year will replace the 1963-65 ie base year 2016 = 100 with Wage Rate Index (WRI) New Series 1963 65 = 100 old series with the base will change it. The same government changes the base year from time to time for important economic metrics based on inflation data.
The DA is revised twice a year from January to July. Dearness Allowance is calculated by multiplying the current rate of Dearness Allowance by the Basic Pay. According to media reports, Percentage of Dearness Allowance = Average of CPI for the last 12 months-115.76. Now the number that comes will be divided by 115.76. The number obtained will be multiplied by 100.
3% DA and HRA also likely to increase
After increasing the dearness allowance and relief (DA / DR Hike) of central employees-pensioners by 31%, the dearness allowance (DA Hike) can be increased once again in the new year 2022 by 3% in January 2022. . That is, if there is an increase of 3%, the total DA can increase from 31 per cent to 34 per cent. At the same time, the idea of increasing the House Rent Allowance (HRA) of the employees is going on. This will benefit about 47.14 lakh central government employees and 68.62 lakh pensioners and there will also be a big jump in salary.
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