7th pay commission: The government had recently increased the DA for central employees. But it is being told that the central employee may soon get to see an increase in DA again. Right now some discussion is being done by the government that considering the dearness allowance, the DA of central employees should be increased from the back.
At present, the government central employee is getting a salary at the DA rate of January 1, 2023. Now the government will start giving new salaries to the central employee from 1 July 2023. This means if your job is also under the central employee, then reading this article is very important for you.
In this article, you will be told when and how the government will announce the increase in DA. Here the central employees will also come to know how much will be their next hike. Read this article completely to get all the information.
You all would know that the government gives salary packages to its employees under the Seventh Pay Commission. And under this pay commission, the government has to increase the DA rates every 6 months. The last increase in DA was done on January 1, 2023. Since then the central employees were waiting that how much will be the next DA hike. Talking about now, the government is giving DA of 42% to its central employees from January 1, 2023.
Central employees will continue to get their salary at this rate till June. This means that the government will implement the new DA hike with effect from 1st July 2023. Now central employees will start getting increased DA from July 2023. If seen, it is equivalent to a gift for central employees.
How much is the government increasing DA?
To find out how much DA will be increased, we will have to look at its old figures. On January 1, 2022, the government increased the dearness allowance to 34%. After that the next increase was on 1 July 2022 when the government increased it by 4% to 38%. If we look at the DA rate as of January 1, 2023, it has become 42%.
This means the government increases DA by 4% every 6 months. Accordingly, the government can increase the DA up to 46% this time. At present, the government has not given any news for this, but according to the old data, DA will be increased to 46%.
How is DA increased?
Let us see how the government increases DA. The government uses the CPI index to release the next DA hike. If you also want to see the CPI Index, then you can see it by visiting the website linked to the Labor Department. The government keeps updating DA from time to time on this website.
Now, the way the government increased the DA, they had put the CPI index on the website from the month of March. Every month the government keeps updating the CPI Index and it decides the next DA hike by mixing the figures of 6 months.
On January 1, 2023, the AICPI Index was recorded by the government at 132.8. If we compare this with December 2022, then in December 2022 this index was 132.5. From this it can be seen that there has been an increase of 0.3 in this index. Right now the government has to extract the AICPI Index for many months and we will be able to know how much will be the increase in the next DA.