Page 3 - 7th Pay News Today

7th Pay Commission: If the DA is hiked by 4%, it will lead to a massive salary hike for the Central government employees and there will be a potential increase in the current DA from 42% to 46%.

DA is given to government employees, while DR is given to pensioners. DA and DR are hiked twice a year — January and July.

Last month, All India Railwaymen Federation General Secretary Shiva Gopal Mishra told PTI that the Federation is demanding a four percentage point hike in dearness allowance.

According to the sources, the government is mulling to announce the hike in DA by the end of this month or before Navratri.

The Central government employees must note that the dearness allowance is worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month.

The DA hike, which will be effective from July 1, 2023, is expected to be 3 per cent, according to media reports. After the increase, the dearness allowance will reach 45 per cent.

7th Pay Commission: The hike in dearness allowance and dearness relief for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month.

Reports claimed that the Centre is likely to announce a hike in DA after the G20 summit in Delhi which will end on September 10. However, there has been no official confirmation on the matter so far.

DA Hike Latest News: An official at the Union Ministry of Finance told India.com that the Centre this time could announce only a 3% hike in dearness allowance as the inflation is steadily coming under control.

The Union Cabinet is expected to approve the next round of DA hike this month.