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7th Pay Commission Dearness Allowance HikeThe Union Cabinet on Wednesday decided to increase the dearness allowance of Central Government Employees by 4 percent. With this, 50 lakh central government employees and 62 lakh pensioners are going to get benefits. According to sources, the Union Cabinet has increased dearness allowance from 34 percent to 38 percent.
In view of rising inflation, central employees got increased DA gift
Dearness Allowance (DA) and Dearness Relief (DR) are revised on the basis of Retail Inflation of Industrial Workers (CPI-IW). Inflation for industrial workers has increased for the past few months. It was at 6.16 per cent in June 2022, which was lower than 6.97 per cent in May 2022 but higher than 5.57 per cent in June 2021. All India CPI-IW rose 0.2 points to 129.2 points in June.
What will be the increase in salary after increasing dearness allowance?
Basic salary is 20,000 then: If you are a central employee or a pensioner and your basic is Rs 20,000, then till now you are getting 34 percent as DA or DA, which is Rs 6,800. After increasing the dearness allowance to 38 percent, you will get Rs 7,600. Meaning you will get a profit of Rs 800 per month.
If the basic salary or pension is Rs 30,000: If your basic salary or your pension is Rs 30,000, then according to 34% dearness allowance you used to get Rs 10,200 but now you will get Rs 11,400 according to 38%. In this way your salary will increase by Rs 1,200.
If the basic salary or pension is Rs 60,000: If your current salary or pension is Rs 60,000, then till now you would be getting Rs 20,400 at the rate of 34 percent. After the dearness allowance is 38 percent, this amount will increase to Rs 22,800. Meaning you will get a profit of Rs 2,400 per month.
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