7th Pay Commission DA news: There is good news for central employees ahead of Holi. The decision has been taken for the increase in dearness allowance of 47 lakh employees and dearness relief of 68 lakh pensioners of the country. According to the sources, in the cabinet meeting held on March 1 under the leadership of Prime Minister Narendra Modi, the government has given green signal to increase in dearness allowance and dearness relief. (7th Pay Commission DA news)

But the formal approval has not been announced yet. In fact, no press conference was organized for the cabinet meeting held on Wednesday, nor was any press release issued by the government. It is being told that Prime Minister Narendra Modi can announce it anytime before Holi.

DA hiked by 42 percent

After Holi, the Finance Ministry will issue its notification. According to the information, after reviewing the dearness allowance figures, the Union Cabinet passed the proposal for a 4 percent increase in dearness allowance, after which the DA will now increase from 38 to 42 percent.

After the notification of increase in dearness allowance is issued, the increase in salary of central employees and pension of pensioners will be implemented. According to the information, if everything goes well, the salary for March will be paid along with the new dearness allowance. While the arrears of January and February will be received. The increased dearness allowance and relief will be applicable from January 1, 2023 itself.

Salary increased by Rs90,720 

After this increase, the annual dearness allowance of those with a basic salary of Rs 18,000 will increase to Rs 90,720. Talking about the difference from the existing dearness allowance, the salary will increase by Rs 720 per month and Rs 8640 annually. About 48 lakh central employees and 68 lakh pensioners have been directly benefited by this announcement of the central government.

(7th Pay Commission)

It is noted that the increase in Dearness Allowance and Dearness Relief (7th Pay Commission) is announced on the basis of AICPI figures released by the Ministry of Labour. That is, on the basis of AICPI-IW data, allowance is given to the employees by calculating inflation. DA and DR have revision every 6 months. Dearness Allowance for January is announced before Holi in March and that of July is announced before Diwali in September-October.

The last DA revision was done on 28 September 2022, before Diwali. It was considered applicable from 1 July 2022. Then it was increased by 4 percent. Then the DA was 34 per cent, which was increased to 38 per cent. In this, once again the matter of 4 percent increase is coming to the fore.