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HomePersonal Finance7th Pay Commission: Dearness allowance will be increase on this day! Know...

7th Pay Commission: Dearness allowance will be increase on this day! Know how much DA will increase

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7th Pay Commission: There is good news for central employees. The employees waiting for the increase in dearness allowance are going to get good news. It is going to be announced very soon. Know by what percentage the dearness allowance of central employees is going to increase.


New Delhi: 7th Pay Commission: There is good news for the central employees. The employees waiting for the increase in dearness allowance are going to get good news. It is going to be announced very soon. Know by what percentage the dearness allowance of central employees is going to increase.

Announcement of increase can be done at any time
In fact, the announcement of increase in dearness allowance and dearness relief of central employees can be done anytime. It is clear from the data of All India Consumer Price Index (AICPI) till June that there is going to be an increase of up to 4 percent in dearness allowance. That is, after this the dearness allowance of central employees will increase to 38 percent. At present, they get dearness allowance at the rate of 34 percent.

The increased dearness allowance will be applicable from June 2022,
it is being claimed in media reports that it can be announced in the meeting of the Union Cabinet to be held on 28 September. However, the new dearness allowance will be applicable from June 2022. Employees can get salary with increased dearness allowance in September.

It is being claimed in media reports that according to the data of AICPI, there is bound to be a big jump in dearness allowance. According to reports, the AICPI figure in June has been 129.2.

Dearness allowance is reviewed twice a year
Actually, the increase in dearness allowance of central employees is directly related to the data of AICPI. The dearness allowance of central employees is revised twice a year. Their dearness allowance is reviewed in January and July.

DA is given for the better living of the employees
Let us tell that with the rising inflation, the living conditions of the central employees are not affected, so dearness allowance is given to them by the central government. At the same time, the Labor Ministry has changed the formula for calculation of dearness allowance. The Labor Ministry has changed the base year 2016 for Dearness Allowance. With the base year 2016=100, the new series of WRI will replace the old series with the base year 1963-65.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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