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7th Pay Commission: Good news for central employees! AICPI index released, Salary will increase by 4%, this much money will come every month

DA Hike Latest News: 52 lakh central employees and 48 lakh pensioners will get the benefit of the increase in the figure. Earlier, from January 1, 2023, the new dearness allowance was implemented by the government. The new dearness allowance will be implemented from July 1.

7th Pay Commission DA Hike: Good news has come for the Central Government employees with the end of May. After waiting for a few months, the dearness allowance data of central employees will be completely clear. However, on the basis of the AICPI index that came in April, it has become clear that how much hike in DA will the central employees get this time? There has been a good jump in the figures of AICPI index which came on the basis of April. It is clear from this that the DA of the employees will increase from 42 percent to 46 percent.

42 percent dearness allowance is given

At present, 42 percent dearness allowance is given to the employees by the government. After the increase of 4 percent, it will increase to 46 percent. This time there has been a rise of 0.72 points in the AICPI index. The increase in the figures will benefit 52 lakh central employees and 48 lakh pensioners. Earlier, from January 1, 2023, the new dearness allowance was implemented by the government. The new dearness allowance will be implemented from July 1. An announcement regarding this will be made by the government in August or September.

April figure came in May last

Let us tell you how much the dearness allowance of central employees will increase, it is decided on the basis of AICPI index only. AICPI data for the first month is released at the end of every month. The April figure has been released in May last. The AICPI index of April has increased as compared to March. It was at 133.3 points in March, now it has increased by 0.72 points to 134.02. It is clear from this that there will be a good increase in DA this time also.

The number fell in February

From January to April this year, the number fell in February. In the rest of the months, a steady rise is being seen in it. In January 2023, the AICPI index stood at 132.8 points. After this, it fell to 132.7 points in February. There was a jump in it in March and it became 133.3 points. Now in April it has increased to 134.02 points.

On the basis of April’s AICPI index, dearness allowance has increased beyond 45 percent to reach 45.04%. The number of AICPI index for May and June is yet to come. With DA crossing 45 percent, it is clear that this time also it will increase by 4 percent to 46 percent. Earlier, based on the March figures, the DA score stood at 44.46 per cent.

Who releases the data?

It is decided on the basis of AICPI index that how much will be increased by the government in the dearness allowance of the employees? On the last working day of every month, the figures of All India Consumer Price Index (AICPI) are released by the Labor Ministry. This index has been prepared for 88 centers and for the entire country.

How much money will increase

If at present the basic salary of a government employee is Rs 18000, then on this he gets 42 percent dearness allowance ie Rs 7560. But if the dearness allowance increases to 46 percent, then the dearness allowance will increase to Rs.8280 per month. Accordingly, the salary will increase by Rs 720 every month.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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