7th pay commission: Good news is coming for central employees. The number of the AICPI index of November 2024 has come. No change has been made to it. It has been confirmed that the employees will now get a new dearness allowance at 56 per cent. Until October 2024, the score of DA was 55.05%, but in the November figures, it has increased to 55.54%. Now, we have to wait for January 31, 2025, when the number of the AICPI index for December will be released.
Only after this will the final number be decided. However, now, more than 56 per cent dearness allowance seems impossible. An increase of only 3 per cent in DA is now considered almosinevitablein. The AICPI index of November 2024 remained at 144.5 points, and 144.5 points in October.
There has been a jump of about 0.49 per cent in the dearness allowance score. In October 2024, the total DA score on the index number was 55.05%, while in November 2024 the DA score has reached 55.54%. Dearness allowance is calculated based on the average AICPI index of the last 6 months. But, 56 per cent of the dearness allowance is being considered fixed. Because, based on numbers till November, dearness allowance has become 55.54 per cent.
What are the benefits of DA?
DA compensates for inflation, increasing employees’ disposable income and directly impacting the government treasury.
Last year, DA was also increased in October, but it was considered to have been implemented on July 1. The government increased DA by 3 per cent in October to 53 per cent. In March 2024, DA increased by 4 per cent. Then, the dearness allowance increased by 4 per cent and became 50 per cent of basic pay. Let us tell you that DA is given to central employees, while DR is given to pensioners.