DA Hike: Central employees will definitely become rich now. There has been a tremendous increase in their dearness allowance. It has now been decided that in the coming months, dearness allowance (DA hike) will come in the pockets of the employees at the rate of 46 per cent and not 42.
Actually, there has been a bumper increase in the DA score of July 2023. DA Score for the month of April has been released. There has been a big jump in this. According to the AICPI index, it has gained 0.72 points. It has been decided that in July 2023, dearness allowance for employees will increase by 4% and it will increase to 46%.
What is the new update for employees?
The dearness allowance of central government employees is decided on the basis of All India Consumer Price Index (AICPI). These numbers are released at the end of every month. On the basis of this, it is known that till the revision to be held in the next 6 months, how much the DA score has reached. The Index Number for the month of April 2023 has been released. In this, the CPI(IW)BY2001=100 stood at 134.02 in April as compared to 133.3 in March. There has been a big jump of 0.72 points in this.
It is decided that by how much the dearness allowance will increase?
The number of dearness allowance increasing in July 2023 for central employees is almost fixed. Experts were already claiming that there would be a total increase of 4 per cent in the DA hike. But, now the AICPI index is also pointing in the same direction. There has also been a big jump in the DA score which is determined by the index numbers.
As per the current data, the total DA score has reached 45.04%. This is 0.58 percent more than in March. The figures for May and June are yet to come. In such a situation, it is certain that after the number of two months, 46 percent dearness allowance will be confirmed. That is, there will be a total increase of 4 percent in DA.
When did DA score come?
The Labor Bureau has released the All India Consumer Price Index (Industrial Workers) data for 4 months under the 7th Pay Commission. Among these, the index was strong in January. There was a slight decline in February. But, the DA score had increased in February. There has been a good jump in the index once again in March.
The index has increased from 132.7 points to 133.3 points. Now a big jump has been seen in April. The number of the index has reached 134.02. At the same time, the DA score has reached 45.04 percent. The DA score was 43.08 per cent in January, 43.79 per cent in February and 44.46 per cent in March. Now the May issue will be released at the end of June. Its 30 June will be on Friday.
Month CPI(IW)BY2001=100 DA% Monthly Growth January 2023 132.8 43.08 February 2023 132.7 43.79 March 2023 133.3 44.46 April 2023 134.02 45.04
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