The DA is offered to staff and pensioners to compensate them for rising costs.
Himachal Pradesh authorities has hiked the DA by 3 per cent for state staff and pensioners; they are going to now obtain a 34 per cent DA, towards 31 per cent earlier
seventh Pay Commission Update: In a transfer that may profit round 2.15 lakh staff and 1.90 lakh pensioners, the Himachal Pradesh authorities hiked the dearness allowance (DA) by 3 per cent for the state staff and pensioners. They will now obtain a 34 per cent DA, towards 31 per cent earlier.
The 3% DA hike can even put a further burden of about Rs 500 crore on Himachal Pradesh’s exchequer, based on an official assertion. Apart from this, Chief Minister Sukhvinder Singh Sukhu additionally introduced a month-to-month allowance of Rs 1,500 to all 9,000 girls of Spiti above the age of 18 years from June 2023 within the second part as promised within the Congress manifesto.
DA and DR are revised twice a 12 months — January and July. Dearness allowance is given to authorities staff, whereas the dearness aid is for pensioners.
DA Hike For Central Govt Employees
According to media studies, after a 4 per cent hike in DA for central authorities staff not too long ago efficient January 1, the federal government is more likely to increase the dearness allowance by one other 4 per cent in July this 12 months. The studies additionally stated the labour ministry revised the DA calculation system and altered the bottom 12 months of dearness allowance in 2016 and launched a brand new sequence of Wage Rate Index (WRI-Wage Rate Index). The ministry stated the brand new sequence of WRI with base 12 months 2016=100 changed the outdated sequence of the bottom 12 months 1963-65.
How DA is Calculated Currently?
The central authorities revises the DA and DR for workers based mostly on a system. Following is the system:
Dearness Allowance Percentage = ((Average of All-India Consumer Price Index (Base Year 2001=100) for the previous 12 months -115.76)/115.76)x100.
For Central public sector staff: Dearness Allowance Percentage = ((Average of All-India Consumer Price Index (Base Year 2001=100) for the previous 3 months -126.33)/126.33)x100.
The earlier revision in DA was achieved on September 28, 2022, which was efficient from July 1, 2022. The Centre had elevated DA by 4 share factors to 38 per cent based mostly on the proportion enhance within the 12-month common of the All India Consumer Price Index for the interval ending June 2022.
The DA is offered to staff and pensioners to compensate them for rising costs.
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