Central employees and pensioners will get a gift on Holi, announcement of increase in dearness allowance

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7th Pay Commission: The Modi government has given the gift of Holi to the farmers, now it is the turn of the Central Government Employees and pensioners. Prime Minister on Wednesday, March 1, 2023 Narendra Modi An increase in the dearness allowance of more than one crore government employees and pensioners can be announced in the cabinet meeting to be chaired by Narendra Modi.

At present, 38 percent dearness allowance is being given by the central government. Which can be increased to 42 percent. That is, the central government can increase the dearness allowance by 4 percent. The Central Government increases the Dearness Allowance ie Dearness Allowance and Dearness Relief ie Dearness Relief by reviewing it twice a year. The last time on 28 September 2022, for 8 months from 1 July 2022 to 28 February 2023, 4 percent dearness allowance was increased.

Dearness allowance will be 42 percent!

The central government is likely to increase dearness allowance (DA) by four percentage points to 42 per cent from the existing 38 per cent for its over one crore employees and pensioners. Dearness Allowance for employees and pensioners is calculated on the basis of the Consumer Price Index for Industrial Workers (CPI-IW) released by the Labor Bureau every month.

New DA will be applicable from 1 January 2023

Shiv Gopal Mishra, general secretary of All India Railwaymen’s Federation, had said that “CPI-IW for December, 2022 was released on January 31, 2023. The increase in dearness allowance works out to 4.23 per cent. But the government does not take the decimal into DA. In such a situation, DA can be increased by four percent. Last time in the month of September, dearness allowance was increased till February 2023. Two months of this year have passed, but from March to June, the government has decided to increase dearness allowance. Have to take The decision on which can be taken on Wednesday.

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Central employees will get relief from inflation

38 percent dearness allowance is being given to central employees and pensioners. But in view of the backbreaking inflation, if the government increases it by 4 percent to 42 percent, central employees and pensioners will get a big relief from inflation. According to statistics, this decision of the central government will benefit 47 lakh employees and 68 lakh pensioners.

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