7th Pay Commission: Not only good news but very good news for about 47 lakh central government employees and 68 lakh pensioners. The central government is preparing to give the gift of Holi to its more than one crore employees and pensioners before Holi. According to the information, before Holi, the central government is preparing to increase the dearness allowance and dearness relief of central employees and pensioners. If everything goes well, then this year there can be an increase of three to four percent in dearness allowance and dearness relief. Actually the AICPI figures for December 2022 have arrived. It is clear from this that there is a possibility of three to four percent increase in their dearness allowance and dearness relief in March. (7th Pay Commission big news)
Central employees will get Holi gift before Holi
The AICPI figures for December 2022, released by the Ministry of Labour, have fallen as compared to November. The figures of AICPI had increased continuously from July to November. But the AICPI figures have seen a slight decline in December. The December figure has fallen to 132.3 points as compared to November. In October and November, this figure was at 132.5 points. There it was 131.3 in September, 130.2 in August and 129.9 in July. After this, there is a possibility of 3 to 4 percent increase in dearness allowance.
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7th Pay Commission big news: DA Hike
According to media reports, a final decision on the increase in dearness allowance may be taken in the cabinet meeting to be held on March 1, 2023. If this happens, from March 31, employees can get increased salary and pensioners can get increased pension. Not only this, the money for the months of January and February will come into the account along with the arrears.
DA will increase from 38 percent to this much
In fact, the dearness allowance (7th Pay Commission) of central employees is reviewed every 6 months. Dearness allowance is hiked twice a year on the basis of AICPI data. One hike takes place in January and the other in July. Like every year, in the year 2023 also there will be an increase in the dearness allowance of central employees. Dearness Allowance (DA) for January 2023 is usually announced before Holi. Looking at the inflation figures so far, it seems that there may be an increase of 3 or 4 per cent in the DA of central employees next year as well. If this happens, the cost of central employees will increase from the current 38 percent to 41 or even 42 percent.
47 lakh employees and 68 lakh pensioners will benefit
Significantly, the increase in the dearness allowance (7th Pay Commission) by the central government will benefit about 47 lakh employees and 68 lakh pensioners of the country. The government had increased DA by 3 per cent at the beginning of the year, after which the dearness allowance had gone up to 38 per cent. Then by increasing DA by 3 percent, the dearness allowance will increase to 41 percent.
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Dearness allowance is revised twice a year
Actually the dearness allowance of central government employees is revised twice a year. The first is given from January to June, while the second comes from July to December. Let us tell you that the AICPI index plays an important role in deciding the dearness allowance of central employees.
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