Now dearness allowance will increase in January 2023. It will be announced by March 2023, in such a situation, looking at the figures for August and September, there is a possibility of increasing the DA by 4 percent again.
There is good news for 1 crore central government employees-pensioners across the country. The dearness allowance is expected to increase once again in 2023. This has been estimated from the data of the AICPI index for September released by the Labor Ministry. After August, there has been an increase of 1.1 points in September as well, in September this figure has reached 131.3, so in January 2023, DA is expected to increase by about 4% once again.
There is a possibility that in January 2023, the dearness allowance of employees and dearness relief to pensioners may increase by 3 to 4 percent. At present, the dearness allowance of employees is 38 per cent, which may increase to 41 or 42 per cent in 2023. This is expected to increase the total basic salary by Rs 720 per month and the maximum salary by Rs 2276 per month. The salary of the employees will increase to about 8600 and up to 27000 of those of 56000. It will benefit 50 lakh employees and 65 lakh pensioners.
Actually, the dearness allowance of central employees is increased twice a year by the central government. There is an increase in Dearness Allowance every six months and how much will increase, it depends on the data of the AICPI Index. Dearness Allowance for January and July 2022 has been announced, now dearness allowance will increase in January 2023. It will be announced by March 2023, in such a situation, looking at the figures of August and September, there is a possibility of increasing DA by 4 percent again, in such a situation, DA is expected to increase to 42 percent in January.
September AICPI Index 2022
The Consumer Price Index for Industrial Workers is compiled every month by Labor Bureau, Office of the Ministry of Labor and Employment on the basis of retail prices collected from 317 markets of 88 important industrial centers spread across the country. The index is compiled for 88 industrial centers and pan India and released on the last working day of the following month.
- The All India Consumer Price Index (Industrial Labour) for September 2022 compiled at 131.3 (One Hundred Thirty One Decimal Three) points increased by 1.1 points. The index registered a growth of 0.84 per cent over the previous month as compared to a growth of 0.24 per cent between the same two months a year ago.
- The food and beverage group contributed the most to the increase in the index, which influenced the overall change by 0.68 point percentage. Among the items, Rice, Wheat Atta, Buffalo Milk, Dairy Milk, Poultry Chicken, Carrot, Cauliflower, Green Coriander, Onion, Potato, Tomato, Vada, Idli, Dosa etc. helped in raising the index. In contrast, mainly fresh fish, palm oil, mustard oil, sunflower oil, soybean oil, apple, asafoetida, orange, bottle gourd etc. tried to control the recorded increase in the index.
- At the centre-level, the index for Bhavnagar registered a maximum increase of 4.5 points. In other 6 centres, there was an increase of 3 to 3.9 points in 10 centres, 2 to 2.9 points in 24 centres, 1 to 1.9 points in 24 centers and 0.1 to 0.9 points in 30 centres. In contrast, Chhindwara, Ahmedabad and Shillong each recorded a maximum decrease of 0.6 points. The other 8 centers registered a decrease of 0.1 to 0.9 points. The index for the remaining six centers remained stable.
- Inflation rate for September, 2022 stood at 6.49 per cent as compared to 5.85 per cent in the previous month and 4.40 per cent in the corresponding month of last year. The food inflation rate stood at 7.76 percent as compared to 6.46 percent in the previous month and 2.26 percent in the same month a year ago.
