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7th Pay Commission: Crucial meet on DA, DR arrear benefits fixed on THIS Date, increased salary coming from July 1
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Consumer Price Inflation Surges To 6 30% In May
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New Delhi: Lakhs of central government employees who have been eagerly waiting for hike in the Dearness Allowance (DA) will get revised salary from July 1. The government has already said in Parliament that their stalled dearness allowance (DA) and dearness relief (DR) will be resumed from 1 July 2021.
The dearness allowance, which is currently available at the rate of 17 per cent, can be increased by 11 per cent, taking the total percentage hike to 28 percent straight. According to the All India Consumer Price Index (AICPI) data release, between January and June 2021, at least DA can be increased by 4 percent, media reports have said. The reports further mention that after the DA is reinstated, the Dearness Allowance of the central employees may increase from 17 percent to 28 percent. This includes a 3 percent increase in DA from January to June 2020, a 4 percent increase from July to December 2020, and a 4 percent increase
All-India Consumer Price Index for Industrial Workers (2016=100) for April, 2021 increased to 120.1 points compared to 119.6 points for March, 2021. The increase observed in index is mainly due to items like Arhar Dal, Masur Dal, Fish Fresh, Goat Meat, Poultry Chicken, Eggs-Hen, Edible Oils, Apple, Banana, Grapes, Leechi, Orange, Papaya, Tea Leaf, Tea Hot-drink, Barber/Beautician Charges, Flowers/Flower Garlands, Doctor s Fee, Rail Fare, Servicing Charges of Motor Cycle, Cable Charges, etc. which experienced an increase in prices. However, inflation for April, 2021 went down to 5.14% compared to 5.64% of previous month.
Food inflation also declined to 4.78% from 5.36% in the previous month. The All-India CPI-IW for April, 2021 increased by 0.5 points and stood at 120.1 (one hundred twenty and point one). On 1-month percentage change, it increased by 0.42% with respect to previous month compared to an increase of 0.92% recorded between corresponding months a year ago.
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