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It may be recalled that the Union Cabinet had on March 30 hiked Dearness Allowance (DA) and Dearness Relief (DR) by 3 per cent to 34 per cent to compensate for the price rise, benefitting over 1.16 crore central government employees and pensioners.
7th Pay Commission Latest update--The AICP numbers for April-May and June are yet to come. If this figure goes above 126, then the government can increase the DA by 4%.
Now that the first increase in dearness allowance for the year 2022 has been announced in March, new reports are stating that the next revision in July is likely due to the increase in the AICP Index.
March AICPI index figures, which is instrumental in DA revision decision, have shown promise for a DA hike.
The Dearness Allowance of central government employees is revised twice a year.