DA/DR Hike: Central employees will get gift before Holi? 4% hike in DA expected

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7th Pay Commission Update: In September 2021, the central government had increased the dearness allowance of central employees from 34 percent to 38 percent by 4 percent. Now once again it is expected to increase by four percent.

The festival of Holi is about to come and on this festival of colors, the central employees can have a bat. In fact, it is expected that the central government can give a big gift to the employees and pensioners by increasing the dearness allowance. Employees organizations are expecting 4% DA/DR Hike. If this happens, then their dearness allowance will increase from 38 percent to 42 percent and there will be a bumper increase in the salary of central employees.


Lakhs of employees-pensioners will be benefited

If the government decides to increase the dearness allowance before Holi, then it will benefit about 48 lakh central employees and 63 lakh pensioners.

However, no announcement has been made by the government regarding DA Hike yet. But according to media reports, the Center can give gifts to its employees and pensioners before Holi.

Please tell here that there has been a rule to increase DA / DR by the Central Government from the beginning of January to the end of July every year. However, there has been a delay in the last few years.

This will be the calculation after the DA increase

. Now once again it is expected to increase by four percent. If we look at the salary, then if the basic pay of a central employee is Rs 1,8000, then at the rate of 38 per cent, dearness allowance of Rs 6,840 is made.

On the other hand, if this DA becomes 42 percent, then the DA of the employee will increase to Rs 7,560.

If we look at the maximum basic pay, then the dearness allowance on the basis of Rs 56,000 becomes Rs 21,280. Now if it is seen according to the increase of four percent, then it will jump to Rs.23,520.

According to this, employees with minimum basic salary will get a benefit of Rs 720 every month and Rs 8,640 annually. On the other hand, the salary of employees with maximum basic salary will see an increase of Rs 2,240 every month, which will be Rs 26,880 annually.

That’s why the expectation increased among the employees

according to media reports, the CPI-IW for December 2022 released to the employee organizations in the month of January was 132.3. According to this, an increase of more than four per cent is expected in the dearness allowance.

Such expectation of increase in DA/DR has also intensified because the Narendra Modi government at the center can announce gifts for the central employees before the Lok Sabha elections to be held in the year 2024.
Although, this update is according to the news released in the media, but the final decision on this has to be taken by the government.