DA Hike: Central employees are going to get their dearness allowance soon. This sweet news can be received today at the end of this month.
dearness allowance is fixed
New Delhi : to central employees (Central Government Employees) There is a possibility of increase in basic pay in these new years. Now the employees will get another gift. Dearness Allowance at the end of this month (dearness allowance) It is likely to be fine. The happiness of the employees has doubled after getting this lovely news on Makar Sankranti itself. There is also a possibility of a big change in the fitment factor in the salary of the employees. The basic pay of the employees is multiplied by their gross pay, on the basis of which the fitment factor is determined. Fitment factor is a common value for determining basic pay. minimum wage (minimum wage) Of course, there is a possibility of an increase in the basic pay. At present the minimum salary is Rs 18,000. Now the minimum wage may increase to Rs 26,000.
There will be an increase in the dearness allowance of the employees in the next 15 days. The way to get DA was cleared. The decision will be on 31 January 2023. AICPI Index data comes on the last date of every month. The December 2022 figures will be released on January 31. On the basis of that there will be an increase in the dearness allowance of central employees.
In the first half of this year 2023, dearness allowance has been increased from January to June 2023. (DA increase) If it does not happen, it will be announced in March 2023. Dearness allowance will be fixed by January 31. Dearness Allowance is based on the AICPI index.
The Ministry of Labor takes the decision of increasing the dearness allowance keeping in mind the inflation. The figures so far are till November 2022. The index is at 132.5. That’s why the dearness allowance of central employees will be increased by 3 percent. This allowance will be increased by 4 percent in December in the event of inflation.
According to experts, CPI inflation (CPI inflation) is received every 12th January. Inflation has reached a year’s low. This rate has become 5.72%. The retail inflation rate in November stood at 5.88%. Inflation also came down in the month of November.
But there was no change in the AICPI index. The AICPI index in October 2022 stood at 132.5. The index was stable in November. In the month of October, this index stood at 132.5. According to experts, the consumer index is likely to remain stable in the month of December.
If the index remains stable in December 2022, the inflation allowance will increase by 3%. in seventh pay commission (7th Pay Commission) This will increase to 41% with the increase in inflation allowance. In July 2022, 38 percent dearness allowance is fixed. If the basic salary is Rs 18000 then the dearness allowance will be Rs 6 thousand 840 per month.
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