Wednesday, February 1, 2023

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7th pay commission big update: Big surprise for government employees in 2023; get details

7th pay commission big update: New year 2023 may bring a big surprise for central government employees as government is considering to hike Dearness Allowance (DA) in the start of the year 2023. Government is doing best for the welfare its employees but the impact of global recession can easily be witnessed on Indian economy. Moreover, government is once again alarmed by the threat of COVID-19 at the start of the year.

Despite the unfavourable circumstances, it is anticipated that the dearness allowance that Central government personnel would receive at the start of 2023 may be higher than the percentage of dearness allowance obtained in 2022. (7th pay commission big update)

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You may remember that in January 2022, the DA for central staff was raised by 3%, moving from 31% to 34%. It was raised to 4% for the second time that year.

DA hike in January 2023 7th pay commission big update

At this point, a 4% increase in DA in January 2023 seems likely. According to some media sources, the dearness allowance hike in January 2023 will be comparable to the allowance issued around Diwali last year.

According to some rumours, the hike in DA will be announced in March 2023, and as it has historically been the case that the implementation date falls in January, the Central Government employees would also receive the arrears.

Over 1 crore employees and pensioners benefited

Significantly, the increase in dearness allowance 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 34 per cent. Now with the increase in DA by 4 per cent, the dearness allowance will increase to 38 per cent.

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.

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