7th Pay Commission: Central Government Employees and pensioners are going to get a big gift on the occasion of Navratri. Central employees and pensioners waiting for a hike in Dearness Allowance (DA Hike) and Dearness Relief (DR Hike) can get a gift by the end of this month.
DA hike may be announced on this date
According to the information received from the sources, the government can make a formal announcement of the increase in DA and DR on September 28. That is, on Navratri, employees and pensioners are expected to get a big gift from the central government.
DA may increase by 4 percent
According to the information being received from the sources, this time the government can increase the DA by 4 percent. If this happens, the dearness allowance of central employees will increase from 34 to 38 percent. However, it has not been officially announced by the central government.
Union cabinet meeting on September 28
Actually this year Navratri is starting from 26th September, while Dussehra is on 5th October. On the third day of Navratri i.e. on 28 September 2022, an important cabinet meeting is going to be held under the chairmanship of Prime Minister Modi. It is being told that in this meeting, the government can give green signal to increase the dearness allowance of central employees.
will also get arrears
If this happens, from October 1, the dearness allowance of central employees and pensioners will increase from 34 to 38 percent. At the same time, these people can also get the arrears money for the two months of July and August in October.
Employees will benefit so much
The minimum basic salary in the 7th Pay Commission (7th Pay Commission) is Rs 18,000 and at the level of Cabinet Secretary is Rs 56,900. According to 38 percent, on the basic salary of Rs 18000, the total increase in annual DA will be available in Rs 6840. Total DA will increase by Rs 720 per month. At the maximum basic salary bracket of Rs 56,900, the total increase in annual dearness allowance will be Rs 27,312. Those in this salary bracket will get Rs 2276 more as compared to 34 per cent.
AICPI index plays an important role in DA hike
After February, there is a continuous jump in the AICPI index. The figure of the AICPI index was 125.1 in January 2022, which came down to 125 in February. Whereas in March it reached 126 points. After this, in April it rose to the level of 127.7. In May it reached 129 points, while in June it reached 129.2 points. This has raised the expectation that the DA of central employees may increase by up to 4 percent.
More than one crore employees and pensioners will benefit
It is worth noting that about 47 lakh employees and 68 lakh pensioners of the country will benefit from the increase in dearness allowance by the central government. At the beginning of the year, the government had increased the DA by 3 per cent, after which the dearness allowance had gone up to 34 per cent. Now due to increase in DA by 4 percent, dearness allowance will increase to 38 percent.
DA is amended twice a year
Actually, dearness allowance of central government employees is revised twice a year. The first is given from January to June, while the second comes from July to December. Let us tell you that the AICPI index plays an important role in deciding the dearness allowance of central employees.