DA Hike 2022: It is believed that the government may consider increasing the DA to 5%. If the claims are to be believed, then the central government employees will get 39 percent DA.
DA Hike: The Government of India constantly tries to give relief to its employees. At the same time, even in the era of rising inflation, steps are being taken by the government for the betterment of its employees. The CPI inflation rate has already crossed its eight-year high and the cost of a variety of goods is rising. After which there are possibilities that the dearness allowance (DA) can be increased by the government for the central government employees under the Seventh Pay Commission.
At the same time, it is believed that in July, the government may consider increasing the DA to 5%. If the claims are to be believed, then the central government employees will get 39 percent DA. Government employees currently get DA of 34% of their basic pay. If the DA is increased by 5%, then they will get 39 percent dearness allowance in addition to their basic pay. Explain that government employees get Dearness Allowance (DA), while pensioners get Dearness Relief (DR).
Can be increased
The DA is also changed based on the change in All India Consumer Price Index (AICPI). Due to the high AICPI, the possibility of increase in their dearness allowance to the government employees is very high. Retail inflation for May stood at 7.04 per cent, higher than the RBI’s target range of 2 to 6 per cent. At the same time, since April AICPI, it is estimated that 5% DA can be increased by the government in July.
DA payments were stopped
Explain that in view of the extraordinary situation arising out of the outbreak of Kovid-19, the Central Government had stopped three payments of DA and DR for 1 January 2020, 1 July 2020 and 1 January 2021. On the other hand, Finance Minister Nirmala Sitharaman, in a written reply to a question in the Rajya Sabha in August last year, said that the withholding of DA and DR resulted in a savings of about Rs 34,402 crore.