According to the information received from the sources, the government has decided to increase the dearness allowance (DA Hike) of the employees, after which the DA of the employees has increased from 38 percent to 42 percent. As of now, it has not been officially announced yet.

How much can the salary increase?

According to the information received from the 7th Pay Commission, after the increase in DA of the employees, if the salary of an employee is Rs. 30,000, then his gross salary can increase by about Rs. 10,800. On the other hand, if we talk about the secretary level, then there can be an increase in the annual salary of the employees by Rs 90,000 or even more.

There will also be an increase in pension, along with this, due to increase in DR, the pension of the employees is going to increase. If the DR of pensioners is 42 percent, then these people will get Rs 14868 every month. This benefit will be given to the Central Government employees.

2 months’ money will be given as arrears

According to media reports, the increased dearness allowance will be paid in the March salary. Along with this, the employees will get the salary for the months of January and February as arrears. If your basic salary is Rs 18,000, then accordingly your DA will increase by Rs 720 per month. On the other hand, when you get 2 months’ money as arrears, then Rs 1440 more will come in your account.

DA increases according to inflation

According to the information received from the Ministry of Labor, DA is calculated on the basis of Consumer Price Index (CPI-IW). How is inflation increasing in the country? Accordingly, the dearness allowance of the employees is increased. At present, in the month of January, the government has decided to increase the dearness allowance by 4 percent.

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It is being told that the information about the cabinet meeting on Wednesday will not be given through a press conference, nor will any press release be issued in this regard.

Decision on dearness allowance on the basis of AICPI index

The Modi government has decided to increase the DA (Dearness Allowance) by 4 percent with effect from January 1. Now it has increased to 42 percent from the existing 38 percent. Let us tell you that the dearness allowance is calculated on the basis of AICPI-IW. Dearness allowance is increased twice a year by the government.

It is implemented in January and July. However, this announcement happens late every year. Like this time the decision of dearness allowance for January was taken in March. Similarly, the decision of July is made in September-October.

May be announced before Holi

Modi cabinet reviewed the dearness allowance figures on Wednesday. But formal approval in this regard has not been announced yet. According to the news published in Zee Business, an agreement has to be made to increase DA to 42%. Sources claim that PM Modi can announce it before Holi. After Holi, the Finance Ministry will issue its notification. Along with the March salary, the increased dearness allowance is to be paid. Employees will also get arrears of two months.

With the increase of 4%, DA will increase to 42 percent. Which will be applicable from January 2023. In this way, the employees will get two months’ arrears (DA Arrear) along with the March salary. There will be an increase of Rs 720 per month in the basic salary of Rs 18,000.

That is, they will get Rs 1440 as arrears for two months. Lakhs of pensioners have also been given the gift of Holi. The government has also decided to increase the Dearness Relief (DR Hike) by 4%. That is, now pensioners will also be paid dearness relief at the rate of 42%.

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