7th Pay Commission DA Hike: The month of September is bringing good luck for the central government employees. The month will start with new figures. The AICPI index number is to come for July 2024. A good increase is expected in it. At the same time, the dearness allowance to be implemented from July 2024 is to be announced.
DA Hike For Central Government Employees: There is good news for central employees. The moment they were waiting for is about to come. The government may soon announce their dearness allowance. The month of September is bringing good luck for the central government employees. The month will start with new figures. The number of AICPI index will be released for July 2024. It is expected that a good increase can be seen in it. But, more special than that, the announcement of dearness allowance to be implemented from July 2024 is going to be made in the month of September.
DA Hike: Announcement may be made in September
The dearness allowance of central employees drawing salary under the 7th Pay Commission is set to increase. Dearness allowance has been fixed on the numbers of AICPI index from January 2024 to June 2024. However, its formal announcement has not been made yet. The central government may approve it soon. If sources are to be believed, it may be announced in September this time. It can be approved in the cabinet meeting to be held on 25 September.
How much will the dearness allowance increase?
There is to be a 3 percent increase in dearness allowance for central employees. Right now they are getting 50 percent DA from January 2024. But, after the increase of 3 percent, it will become 53 percent. According to the AICPI index, the total dearness allowance has reached 53.36 percent by June 2024. But, the government does not count decimals. Therefore, only 53 percent will be fixed.
How was the 6-month AICPI index?
| Month | The index figure | dearness allowance |
| January 2024 | 138.9 points | 50.84 percent |
| February 2024 | 139.2 points | 51.44 percent |
| march 2024 | 138.9 points | 51.95 percent |
| April 2024 | 139.4 points | 52.43 percent |
| May 2024 | 139.9 points | 52.91 percent |
| June 2024 | 141.4 points | 53.36 percent |
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