7th Pay Commission: Great News for Employees and Pensioners! DA to be Hiked by 4% from July

Sources in the central government say that an announcement to increase DA can be made in July. According to the inflation figures available, there will be an increase of at least four percent in the DA of government employees.

This is great news for 49 lakh central government employees and 63 lakh pensioners. According to the inflation rate, the central government can increase the DA/DR by four percent this time. In such a situation, from July, the salary of government employees and pensioners will increase. Central employees are currently getting a dearness allowance at the rate of 34 percent.

After the increase of 4 percent in dearness allowance from July 1, 2022, the rate will reach 38 percent. In this situation, if the basic salary of an employee is Rs 18,000, then his salary will increase by Rs 720 per month. The monthly salary of a person with a basic salary of Rs 1 lakh will increase by Rs 4000.

The big jump of 1.7 points in the AICPI index

According to the inflation data available, the DA of government employees will increase by at least four percent. According to market experts, the index is more or less dependent on inflation. The index had risen 125.1 in January. The index has jumped 125.0 in February, 126.0 in March, and 127.7 in April. The AICPI Index numbers for April 2022 have registered a huge jump of 1.7 points. 

The May report has not come yet. In June also the index can take a jump. Even if the rate of 127.7 is considered as the basis for the next two months, the DA will increase by four percent. In this case, DA will increase at the rate of 38 percent.

How much will your salary increase?

If the basic salary of an employee is Rs 18,000, then at the rate of 38 percent of DA, his salary will increase by Rs 720. If the basic salary of the employee is 25 thousand rupees, then it will increase by 1000 rupees per month. The employees drawing a basic salary of Rs 35,000 will get Rs 1400 more per month. 

Rs 1800 will increase on a basic salary of Rs 45,000. Rs 2080 on a basic salary of Rs 52 thousand, Rs 2800 on a basic salary of Rs 70 thousand, Rs 3420 on a basic salary of Rs 85,500, and Rs 4000 more every month in the account of workers with a basic salary of Rs 1 lakh. 

The Central Government had earlier increased the Dearness Allowance/Dearness Relief to its employees and pensioners from 17 percent to 28 percent last year. 

In October also, the DA was increased by three percent. This made the DA 31 percent. This year also, DA has been increased by three percent from January. With this, the DA/DR has gone up to 34 percent.