7th pay commission DA Hike: Central employees have got a big gift as soon as the month of July begins. His dearness allowance has been announced. There has been a tremendous increase in this. Now it is confirmed that from July 2023, he will get 46 percent dearness allowance (DA Hike).
7th pay commission DA Hike: Central employees have got a big gift as soon as the month of July begins. His dearness allowance has been announced. There has been a tremendous increase in this. Now it is confirmed that from July 2023, he will get 46 percent dearness allowance (DA Hike). Dearness Allowance (DA) will come at the rate of 46 per cent, not 42, in the pocket of the employees. Actually, there has been a bumper increase in the DA Score for July 2023. DA score for the month of May has been released. There has been a big jump in this. According to the AICPI index, there has been a gain of 0.50 points. It has been confirmed that according to the 7th Pay Commission, in July 2023, the dearness allowance of the employees will increase by 4% and it will increase to 46%.
New update for employees on DA Hike
The dearness allowance of central government employees is decided on the basis of All India Consumer Price Index (AICPI). These numbers are released at the end of every month. On the basis of this, it is known that till the revision to be held in the next 6 months, how much the DA score has reached. The index number for the month of May 2023 has been released. In this, the CPI(IW)BY2001=100 stood at 134.7 in May as against 134.2 in March. There has been a big jump of 0.50 points in this.
Confirmed dearness allowance
The number of dearness allowance, which will increase in July 2023 for central employees, has now been confirmed. Experts were already claiming that there would be a 4 per cent increase in DA Hike. But, now the AICPI index has made it clear. There has also been a big jump in the DA score which is determined by the numbers of the index. As per the current data, the total DA score has reached 45.58%. However, the numbers for June are yet to come. But, it is confirmed that now dearness allowance will increase at the rate of 4 percent only. Employees will get Dearness Allowance (DA) at the rate of 46 percent.
How much DA score increased month by month?
Under the 7th pay commission, the Labor Bureau has released the numbers of AICPI Index (Industrial Workers) for 5 months. Among these, the index was strong in January. There was a slight decline in February. But, the DA score had increased in February. There was a good jump in the index once again in March. The index has increased from 132.7 points to 133.3 points. A big jump has also been seen in April. The number of the index has reached 134.02. At the same time, the DA score has reached 45.04 percent. May’s number has added more enthusiasm to it. The index has reached 134.7 in May. At the same time, the DA score has reached 45.58 percent. Earlier, DA was 43.08 per cent in January, 43.79 per cent in February and 44.46 per cent in March and 45.06 per cent in April. Now the June numbers will be released at the end of July.
Month CPI(IW)BY2001=100 DA% Monthly Increase
Jan 2023 132.8 43.08
%
Feb 2023 132.7 43.79
%
Mar 2023 133.3 44.46
%
Apr 2023 134.2 45.04
%
May 2023 134.7 45.58
