News from the 7th Pay Commission: Positive news, akin to a gift for all, is now on the horizon. The government is going to increase the dearness allowance (DA), which will prove to be a booster dose for everyone. It is believed that the government will soon increase DA by 3 percent.
This will lead to a bumper increase in salary, which is enough to win everyone’s heart. This DA will benefit both employees and pensioners. About 1 crore families across the country are going to benefit from the DA increase, which will prove to be a booster dose for everyone.
Since January, DA has increased by 50%. Although the date of the DA increase remains unknown, media reports suggest it will be extended until October 8. In the month of June, AICPI saw a rise of 1.5 points. Following this, DA increased. There will be a 3 percent increase in DA.
From January to June 2024, the index numbers will determine the outcome. Central employees will receive 3 percent DA starting in July 2024. The AICPI for June showed a jump of 1.5 points. In the month of May, it increased to 133.9 points. Following this, it increased to 141.4. DA’s score has increased to 53.36 points. There will be a 3 percent increase in DA. In January, the index number stood at 138.9 points, and following the increase in DA, it reached 50.84 percent.
We will announce the DA in September.
The employees received the DA announcement in September. The implementation will begin in July 2024. Simultaneously, we will pay the arrears of DA within a few months. The 7th Pay Commission would have paid 53 percent of the DA to the employees and pensioners. Sources claim that the cabinet meeting on September 25 will also announce it. The announcement is still pending.
Salary will increase.
If the central government increases DA by up to 3 percent, then there will be a bumper increase in salary. If an employee’s salary is Rs 40,000, the 3 percent DA will result in an increase of Rs 1200. Accordingly, an increase of Rs 14,400 is certain every year. The India TV News Platform has also confirmed this salary increase.
Will DA become zero?
If you’re wondering whether DA will become zero, the calculation will continue. There is no fixed rule in this regard. This was done the last time. There is no need to change the base year anymore, and there is no such recommendation. The calculation for central employees will extend beyond 50 percent.
