7th Pay Commission: The wait of central employees is about to end. The central government is going to give them very good news. There is going to be a huge increase in their dearness allowance. That is, it can be said that this month is the month of September with good news for the central employees. Quoting sources in media reports, it has been claimed that the central government may approve the DA hike of central employees this month. It is being said that in the cabinet meeting to be held on September 27, the increase in dearness allowance can be approved.
New Delhi: 7th Pay Commission: The wait of central employees is about to end. The central government is going to give them very good news. There is going to be a huge increase in their dearness allowance. That is, it can be said that this month is the month of September with good news for the central employees. Quoting sources in media reports, it has been claimed that the central government may approve the DA hike of central employees this month. It is being said that in the cabinet meeting to be held on September 27, the increase in dearness allowance can be approved.
Four percent increase in DA fixed
In fact, dearness allowance of central employees and dearness relief of pensioners is set to increase by four per cent. This increase has been determined according to the inflation data from January to June. Although the approval of the Union Cabinet is yet to be received on this, only then it will be officially announced.
Increased DA will be applicable from July
Central employees are currently getting dearness allowance at the rate of 42 per cent. After the announcement of four percent increase in DA, it will become 46 percent. According to the AICPI index, by June 2023, the DA of the employees has reached 46 percent. The increased DA will be applicable from July.
How much will the salaries of employees increase?
Employees whose minimum basic salary is Rs 18,000, currently get DA of Rs 7560 per month at the rate of 42 per cent. After becoming 46 percent, he will get DA of Rs 8280 per month. That means there will be an increase of Rs 720 per month. On an annual basis, there will be an increase of Rs 8640 in the DA of the employees.
Similarly, employees with maximum basic salary of Rs 56,900 are currently getting dearness allowance of Rs 23,898 per month. After 46 percent, it will be Rs 26,174 per month, which means there will be an increase in DA by Rs 2276 per month. If seen on annual basis, DA will increase by Rs 27,312.