7th Pay Commission: The numbers of AICPI Index are going to come this evening. These numbers will be of CPI for the month of May. From this, it will be known that how much there has been an increase in DA Hike. This announcement for the employees will be for July 2023.
7th Pay Commission: The time of decision has finally come for the central employees. Their wait is going to end now. The biggest announcement is going to be made for him on the evening of 30th June. Employees are going to get the gift of increasing dearness allowance. Overall, this will be great news for the Central Government Employees. Actually, the numbers of AICPI Index are going to come this evening. These numbers will be of CPI for the month of May. From this, it will be known that how much there has been an increase in DA Hike. This announcement for the employees will be for July 2023.
It is clear from the AICPI trends that have come for the central employees that dearness allowance is going to increase tremendously. In July 2023, a 4% increase in dearness allowance for employees is almost certain. In the coming months, employees can get dearness allowance (DA Hike) at the rate of 46 per cent, not 42. Actually, the index numbers for the month of May for the increase in dearness allowance for July 2023 will be released today. After this, it will be clear how much the DA score will increase. There was a gain of 0.72 points in the AICPI index last month.
DA hike will be decided on the basis of AICPI index only.
Dearness Allowance (DA) of Central Government employees is fixed 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 numbers till the month of April have come. In this, the CPI(IW)BY2001=100 stood at 134.02 in April as against 133.3 in March. There has been a big jump of 0.72 points in this.
Where did the DA score reach?
Under the 7th pay commission, the Labor Bureau has released the AICPI (Industrial Workers) numbers for 4 months. The index number stood at 134.02 in April. On this basis, DA Score has reached 45.04 percent. The DA score was 43.08 per cent in January, 43.79 per cent in February and 44.46 per cent in March. Now the May numbers will be released. Even if the index does not increase, the DA score can reach up to 45.45 percent. This would mean that by the time the June numbers are released in July, the DA score would be above 45.50 per cent. This means that the DA Hike of the employees will be fixed at 46 percent.
Trend is also indicating 46% dearness allowance
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 134.02 45.04
May 2023 – –
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