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DA hike for central employees may be announced soon, know how much salary and pension will increase

Experts estimate that this time there may be an increase of about 2% in dearness allowance, which will be a relief for employees and pensioners. However, some experts say that the government may announce an increase of 3% to 4%.

New Delhi: Central government employees and pensioners are going to get good news soon. Actually, the government can increase Dearness Allowance (DA) and Dearness Relief (DR). DA is an important part of the salary of government employees and it is revised twice a year in January and July. Pensioners also get DR, which is linked to DA. This increase is done keeping in mind the rising inflation and cost of living.

How much will DA increase this time?

Experts estimate that this time there may be an increase of about 2% in dearness allowance, which will be a relief for employees and pensioners. However, some experts say that the government can announce an increase of 3% to 4%. If this happens, it will be a big relief for the employees.

How much will it affect the salary of employees

At present, dearness allowance is 53% of the basic salary of the employees. If DA is increased by 2%, then their DA will increase to 55 percent. In such a situation, if the basic salary of an employee is Rs 20,000 per month, then after a 2 percent increase in DA, his monthly salary will increase by Rs 400. Similarly, pensioners will also get the benefit of increase in DR, due to which they will feel some relief from the effect of inflation.

How is DA calculated?

Let us tell you that the decision to increase dearness allowance is mainly taken on the basis of All India Consumer Price Index (AICPI-IW), which is published by the Labor Bureau. The government analyzes this data and announces revision in DA on that basis.

At the same time, the Governor of the Reserve Bank of India (RBI) recently said that the Consumer Price Index inflation rate for the current financial year is estimated to be 4.8%, due to which it is expected that DA may increase by more than 2%.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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