Along with the increase in the dearness allowance of the employees, there will be a bumper increase in their salary. Along with this, they will also be paid arrears of 2 months. Meanwhile, AICPI figures for January 2023 have also been released. At the same time, after the release of the figures for the remaining 5 months, a forecast of increase in dearness allowance will be made in July 2023.
7th Pay Commission 42% DA Hike: There is good news for pensioners including one crore employees. Soon the increase in the dearness allowance of the employees was announced. Before Holi, the Modi government has given him a big gift. According to media reports, the increase in DA has been approved by the government in the cabinet meeting. However, its formal announcement is yet to be made. It is believed that before Holi, the Modi government can make a big announcement on this. With the increase in dearness allowance, an increase in the salary of the employees can be seen up to Rs 27000.
Approval of increase in dearness allowance!
In fact, on March 1, a meeting of the Union Cabinet was held. At the same time, according to the information received from the sources, the increase in dearness allowance has been approved. Although it has not been formally announced. No press conference, nor any press release was issued for the meeting on Wednesday as well. In such a situation, an increase of 4 percent in dearness allowance can be announced soon. The inflation rate has gone up to 42 percent.
PM Modi himself will announce DA hike before Holi
The dearness allowance figure was reviewed on Wednesday but formal approval has not been announced at the moment. It has been agreed to increase DA to 42%. At the same time, according to sources, PM Narendra Modi himself can announce an increase in dearness allowance before Holi. Along with this, notification can be issued by the Finance Ministry after Holi. With the release of the notification, there will be an increase in the salary of the employees. At the same time, along with the salary for the month of March, the employees will get the benefit of increase in dearness allowance. They are sure to get the benefit of increased salary from the month of April. From January 2023, DA, DR was likely to increase to 42% with an increase of 4 per cent over the existing rate. At the same time, with the approval of the cabinet, Prime Minister Narendra Modi can announce it soon. After its announcement, the employees will get big benefits.
Will get the benefit of 2 months arrears
Actually, dearness allowance is increased every 6 months. Earlier, there was an increase in dearness allowance in the month of October. It was being speculated that the dearness allowance of the employees could be increased in the month of March. With the increase of 4 percent, the increase in DA of the employees to 42% can be implemented from January 1, 2023. Due to which the employees will also get the benefit of 2 months arrears.
Earlier, the revision in the last dearness allowance was done on 28 September 2022 before Diwali. It was implemented from July 1, when it was increased by 4 percent. With which the dearness allowance of the employees had increased from 34 to 38 percent. Now once again it has been increased by 4 percent.
AICPI data for January 2023 released
Earlier, AICPI figures for January 2023 have been released. The All India CPI-IW Index for January 2023 has increased by 0.5 points to reach 132.8. This increase will be used as a calculation for recording the increase in Dearness Allowance-Dearness Relief expected from July 2023. The figure rose for central government employees and pensioners as well, with an increase of 1% in the first month. The exact figures will be confirmed in DA DR with the release of AICPI data for the remaining 5 months. These figures will determine the percentage increase in dearness allowance and dearness relief for pensioners including employees in July 2023.
