DA HIKE UPDATE: Central employees are getting a shock for the third consecutive month. At present, the Labour Bureau has not released the numbers of the All India Consumer Price Index (AICPI-IW). The numbers to be released on 31 May have been put on hold.
Due to this, it has now become difficult to estimate any dearness allowance (DA hike). This option can also develop that the Labour Bureau is getting delayed due to a lack of data for February and March in calculating the dearness allowance of central employees. Now one will have to wait for its numbers till the end of June.
The Consumer Price Index (CPI-IW) data for February, March, and April has not been released for industrial workers, due to which they are now finding it difficult to take further action without knowing it.
According to new source, the delay in releasing the numbers is because the Labour Bureau does not have the data for February and March month till now.
Its information can be updated in the numbers released at the end of June. Despite this not being official data, it is not certain that the dearness allowance will not increase in July 2024. There may be tiny change in DA calculation.
8th Pay Commission
During this time there was also a discussion that from July 2024, the dearness allowance of central employees will become zero (0).
But there is no such rule and the government has also distanced itself from any such idea. The calculation of dearness allowance will continue to increase beyond 50 percent, due to which it is not certain that it will be made zero.
DA zero at the time of change of base year in 2016
Earlier in 2016,At Today’s time of the change of base year, dearness allowance was made zero. No rule was made regarding this. As of now there will be no change the base year.
Therefore, there is no concrete reason behind the merger of dearness allowance. According to experts, the next DA allowance may increase by up to 4 percent.
