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This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission
The dearness allowance 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. -- aaa
7th Pay Commission Latest News: The Central government is expected to make the announcement on DA hike after Holi as it would revise the fitment factor in March 2023. -- aaa
Reports are suggesting that the big announcement on DA hike might come after the cabinet meeting deliberates on the quantum of DA hike, with the probability being a 4 percent DA hike.