DA is calculated according to the AICPI index. Which is released at the end of every month. After which changes are made in the dearness allowance in a period of about six months.
DA Hike: Central employees may get great news in the new year. It is believed that dearness allowance can reach up to 56 percent. The possibility of increase in DA is being expressed on the basis of AICPI index till October 2024. Which can be implemented from January 1, 2025.
After the AICPI index data for October 2024, the November figures were not released, which were to be released by December 31. The December 2024 figures can be released by January 31. It is believed that the figures for November and December will come together on January 31. The AICPI index figures for September 2024 were 143.3 points and for October 2024 were 144.5 points.
Dearness allowance is decided on the basis of AICPI index
DA is calculated according to the AICPI index. Which is released at the end of every month. After which changes are made in the dearness allowance in a period of about six months. If the dearness allowance increases by even one percent, it leads to a huge increase in the salary of the employees.
DA has crossed 55 percent even before November. The figures for two months of last year are yet to be added. It is being said that new figures of dearness allowance may be released in the month of March. Which can be made effective only from January 1, 2025.
Dearness Allowance is being given 53 percent DA from July 1, 2024. By giving dearness allowance, employees are given relief from inflation. So that the spending income of the employees increases and the employee can face the dearness allowance. By increasing the dearness allowance, the pension of the employees also increases. However, doing so affects the government treasury.
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