7th Pay Commission News: There is good news for central government employees and pensioners. Tomorrow on Wednesday, March 30, in the cabinet meeting, the government can announce the increase in DA (Dearness allowance Hike). Apart from this, the decision can also come on the outstanding DA arrears of 18 months.
The last cabinet meeting of this financial year is being held on Wednesday 30 March 2022. Approval can be given on 3% DA increase in this cabinet meeting. If it is approved, then along with the salary of the employees for March, the new DA will be credited to the account. Along with the increase in dearness allowance (Central government employee DA), arrears for January-February will also be given. There is a total increase of 3% in dearness allowance. At present, DA is getting 31 percent.
After a long wait, 3% increase in Dearness Allowance has been fixed. Now employees and pensioners will get Dearness Allowance (DA Hike) at the rate of 34%. There has been a decrease of one point in the December 2021 index of the Consumer Price Index for Industrial Workers (AICPI Index). The average of 12 months index for dearness allowance is 351.33 with an average of 34.04% (Dearness allowance). But, dearness allowance is always given in whole numbers. That is, from January 2022, the total dearness allowance is set to be 34%.
Significantly, this decision of the government will benefit more than 50 lakh central employees and 65 lakh pensioners. After this, now the next dearness allowance will be calculated in July 2022. The data of AICPI-IW (All India Consumer Price Index for Industrial Workers) for December 2021 has been released. According to this figure, in December this figure fell by 0.3 points to 125.4 points. In November, this figure was at 125.7 points. and decreased by 0.24% in December. But, this has not affected the increase in dearness allowance. After the figures of AICPI IW of the Labor Ministry, it has been decided that this time the dearness allowance will increase by 3 percent.
According to Labor Ministry data, the AICPI-IW index had gained 0.8% in November 2021 and reached 125.7. It was clear from this that there would be an increase of 3 percent in dearness allowance. Now even though there has been a slight decline in the figure of December 2021, but in January 2022, there will be an increase in DA at the rate of 3 per cent. The DA of government employees is currently 31 percent. Now after an increase of 3 per cent, it will reach 34 per cent.
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