At present, central employees and pensioners are getting the benefit of 42% DA and DR, which can be increased to 45% after 3% increase and 46% after 4%. This will be the second hike of the year.
Central Employee Salary Hike 2023: Central employees and pensioners are going to get a big gift soon. It is reported that after Raksha Bandhan, the central government may once again revise the rates of dearness allowance of central employees. This is estimated from the data of AICPI index. According to the data released under the All India Consumer Price Index (CPI) and Consumer Food Price Index (CFPI), the dearness allowance of the employees may increase at the rate of 3 to 4 percent i.e. DA-DR rate at 45 or 46 percent Can reach However, the final decision in this regard will be taken by the Union Cabinet.
More than 1 crore employees-pensioners will soon get DA/DR gift
If media reports are to be believed, after the figures of AICPI index, the Modi government at the center may soon announce a 3% increase in dearness allowance for central employees and dearness relief for pensioners. Since the AICPI index figures from January to July have been released by the department, due to which the DA score is crossing 45%, in such a situation a 3% increase in DA is being considered fixed. In this regard, a proposal can be prepared by the Expenditure Department of the Union Finance Ministry and placed in the cabinet meeting to be chaired by Prime Minister Modi for final approval. After getting approval from here, orders will be issued by the Finance Ministry. This will benefit about 47.58 lakh employees and about 69.76 lakh pensioners.
3 or 4 percent increase in DA is possible
Presently central employees and pensioners are getting the benefit of 42% DA and DR, which will go up to 45% after 3% increase and 46% after 4%. This will be the second hike of the year. It is expected that a 3% increase in DA may be announced in September-October, since it will be implemented from July 1, 2023, in such a situation, arrears of 2 months will also be available. If the basic salary of an employee is Rs 18,000, then according to 45% DA, the salary will increase by about Rs 10,000, if there is an increase in HR, then there are signs of a bumper increase in salary. Explain that the calculation of dearness allowance is done on the basis of multiplying the current rate of DA and basic salary, the amount of dearness allowance is calculated.
How much will the salary of employees increase due to increase in dearness allowance
For example, if the basic salary of an employee is Rs 18,000, then according to 46 percent dearness allowance, his salary will increase by about Rs 720 every month. That is, the total amount of DA will be Rs.8280. Those with a basic salary of Rs 52000 will get a benefit of more than Rs 2080 every month. According to 46 percent, the DA amount will be 23920.
If the basic salary of an employee is Rs 18 thousand, then according to 45 percent dearness allowance, his salary will increase by about Rs 540 every month. That is, now the total amount of DA will be Rs.8100. DA of 52 thousand salary people will increase by more than Rs 1560 every month, according to 45 percent DA amount will be 23400. Same basic salary of Rs 1 lakh at 46% DA will get Rs 4000 every month and Rs 46000 annually will get. According to the same 45%, the DA amount will be Rs 45000.
These figures are shown as an example, it may also change.