DA Hike news: The beginning of the year is going to be good for central employees and pensioners. Dearness Allowance (DA) is going to be announced before the year. The figures have come, now the approval is awaited from the cabinet. The Labor Bureau has sent its recommendations to the Finance Ministry.
DA Hike latest news: Lottery of central employees and pensioners has been started. There has been a big increase in their dearness allowance for January 2023. Now in the coming days their DA/DR is going to increase drastically. The figures of dearness allowance have been announced. Now all that’s left is approval. It is expected that the new dearness allowance will be approved by the end of February or the beginning of March. There will be a jump of 4% in the dearness allowance of the employees. This increase will be for January 2023. But, its payment will be in March. At the same time, the arrears of two months will also be given to the employees.
Update about DA Hike
The dearness allowance (Mehngai bhatta) of central government employees has increased by 4%. If we look at the inflation chart under the 7th pay commission, the index has increased by 2.6 points since July 2022. A total increase of 4.40% has been recorded in this. In such a situation, the dearness allowance of the employees has reached 42%. Whereas, in the 6th pay commission, this figure has reached 222%. According to the new AICPI index, there will be a 4% increase in dearness allowance and dearness relief for employees and pensioners. In December 2022, the index has decreased by 0.2 points to 132.3 points.
How to know how much DA Hike will be?
Dearness Allowance (Mehngai Bhatta) to central employees and pensioners is decided on the basis of Consumer Price Index for Industrial Workers (All-India CPI-IW). For December 2022, the dearness allowance will be 42.40% on the basis of CPI-IW numbers. But, if it is not increased in decimal then the dearness allowance will be fixed at 42%. For this number, the Labor Bureau prepares an index on the price of retail inflation from 317 markets of 88 industrial centers.
How to know how much DA will increase? see chart
| Increase/Decrease Index | Month | Base Year 2016 =100 | Base Year 2001=100 | Total of 12 Months | Twelve monthly average | % increase over 115.76 for 6CPC DA | % increase over 261.42 for 7CPC DA |
| 0.7 | July’22 | 129.9 | 374 | 4361 | 363.42 | 213.94% | 39.02% |
| 0.3 | Aug’22 | 130.2 | 375 | 4382 | 365.17 | 215.45% | 39.69% |
| 1.1 | Sep’22 | 131.3 | 378 | 4405 | 367.08 | 217.11% | 40.42% |
| 1.2 | Oct’22 | 132.5 | 382 | 4427 | 368.92 | 218.69% | 41.12% |
| 0 | Nov’22 | 132.5 | 382 | 4447 | 370.58 | 220.13% | 41.76% |
| -0.2 | Dec’22 | 132.3 | 381 | 4467 | 372.25 | 221.57% | 42.40% |
| DA/DR from Jan, 23 | 221% | 42% |
