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DA Increase in the year 2023: Another good news has come for the central employees – a special gift for January 2023

DA Increase in the year 2023: Another good news has come for the central employees – a special gift for January 2023

 

7th Pay Commission DA Hike news: Central employees are waiting for the increase of Dearness Allowance for July 2022. It will be approved this month. But, in the meantime, another great news has come for them. The Labor Ministry has released the data of All India Consumer Price Index- Industrial workers (AICPI Index) for central employees.

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With this increased figure, the way to increase their dearness allowance for the next year is being cleared. However, this is the figure for the first month of the next half year. But, the good news is that the index has seen a rise. The July 2022 AICPI index has increased by 0.7 points as compared to June.

Clear the way to increase DA in the year 2023

If we look at the difference in the data of the Consumer Price Index, this number was at 129.2 in June, which has increased to 129.2 in July 2022. With the increase in the index, the way is gradually being cleared that there may be an increase in Dearness Allowance in January 2023 next year as well. However, the figures for five months will have to be seen for how much the increase will be now. Based on the data of the AICPI index from July to December, the dearness allowance will increase in January 2023.

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The data is released on the last working day of every month.

The dearness allowance for central employees is estimated on the basis of the AICPI index. The figures of All India Consumer Price Index (AICPI) are released by the Labor Ministry. The index has been prepared for 88 centers and for the entire country. AICPI is released on the last working day of every month. However, this figure is from a month ago. Meaning the July figure comes at the end of August. Similarly, the figure of August comes at the end of September.

The gift of dearness allowance will be available in Navratri

The dearness allowance of central employees is set to increase by 4 percent. But, it has not been officially announced. It is expected that the government can approve it on the occasion of Navratri. It can be approved in the cabinet meeting on September 28. On the basis of the data from January to June, the Dearness Allowance for July 2022 is to be announced. Been waiting for this for two months. According to experts, this time dearness allowance is expected to increase by 4 percent.

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