The central authorities is probably going to enhance the Dearness Allowance and Dearness Relief for central authorities staff and pensioners. According to a number of experiences, the workers are supposed to get a 3 p.c DA hike in July and an official announcement is anticipated quickly.
This improvement comes at a time when the info from the All India Consumer Price Index (AICPI) was launched and based mostly on the info, it’s assumed that the DA hike for the month of July is 3 p.c.
Currently, the federal government staff and pensioners get a 17 p.c DA which is given as a part of the salary and it’s geared toward preventing inflation.
Under the 7th Pay Commission, this 17 p.c DA is anticipated to enhance to 28 p.c after the restoration of three pending DA instalments.
Besides, with additional addition of the three p.c DA hike in July, the Dearness Allowance of govt staff and pensioners will go up to 31 p.c from September.
DA was hiked by 4 p.c in January 2020, 3 p.c in July 2020 and once more 4 p.c in January 2021. However, due to the COVID-19 pandemic, the central authorities had determined to freeze their Dearness Allowance.
The improvement comes amid the discharge of All India Consumer Price Index (AICPI) knowledge from January to May 2021.
Notably, for a 4 p.c enhance in DA, the AICPI knowledge would have to attain 130 factors. Thus with the addition of June 2021 DA, central authorities staff could get up to 31 p.c Dearness Allowance in September, reported Zee Business.
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