DA Hike: Great news for central employees, 4 percent increase in DA, know how much salary will increase

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DA Hike: Great news for central employees, 4 percent increase in DA, know how much salary will increase

7th Pay Commission DA Hike

7th Pay Commission DA Hike

A great news has come for the central employees. The Government of India has increased the dearness allowance of central employees by 4 percent. This will greatly benefit central employees and pensioners. This increase of 4 percent in DA and DR will be applicable from January 2023. Dearness allowance has increased from 38 per cent to 42 per cent after the cabinet of Modi government increased the dearness allowance by 4 per cent. The increased inflation rate will be applicable from January 2023. Apart from this, arrears are also going to be given to the employees and pensioners. With this new announcement, the financial burden of the Modi government will increase by Rs 12,815 crore every year.

Government central employees are going to get a lot of benefit from this decision of the central government. This decision of the government has served as a gift to the employees. About 47.58 lakh employees and 69.76 lakh pensioners are going to be benefited by increasing the dearness allowance by the government. The 4 per cent increase in DA has been done following the recommendations of the 7th Central Pay Commission.

How much will the salary of the employees increase?

If you want to know how much the salary of the employees is going to increase due to the increase of four percent DA, then let us tell you. If we talk about salary, then 38 percent of the central government employees whose basic pay is Rs. 18,000, then dearness allowance of Rs. 6,840 is made. At the same time, now after increasing the DA, the dearness allowance has gone up to 42 per cent. If seen on the basis of 42 per cent, the dearness allowance will be Rs 7,560.

Taking into account the maximum basic pay, the dearness allowance on basic pay of Rs 56,000 works out to Rs 21,280. Now if it is seen according to the increase of four percent, then it will increase to Rs.23,520. This means that central employees with minimum basic salary will get Rs 720 per month, while Rs 8,640 annually.

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