DA Hike: Hello friends, very big good news is being seen again for the central employees and pensioners. Because a big announcement is going to be made regarding the dearness allowance of July 2024. It is being told that an announcement can be made in the month of August. In which there is a possibility of increasing up to 4%. Because its discussion has increased a lot in the media report. Therefore, a very big good news is going to be received again for all of you, this time also there may be an increase in DA Hike.

Let us tell you that the salary and pension is given by the Central Government to the Central employees through the Seventh Pay Commission. Which increases the dearness allowance twice a year. All these increases are done according to the Seventh Pay Commission.

Therefore, the month of July is going on, which has been increased for the first time in January. The second increase is going to happen in July, which can be announced soon by the Central Government. This year’s budget has also been presented as soon as the new government is formed. Dearness allowance may increase at any time.

DA Hike

Let me tell you all that the numbers have been updated in the AICPI index in the month, according to which the inflation rate has reached 53%. Now we are just waiting for the month of August when the central government will announce that the inflation rate will be increased by this much percent.

So this time we are going to get very good news and whenever there is an increase in dearness allowance. So 48 lakh employees and 68 lakh pensioners get the benefit. And along with the employees, their families are also very happy. Therefore, you people are going to get this happiness soon, which can be announced at any time.

When will the Eighth Pay Commission be constituted

So far no such announcement has been made by the central government, which can tell when the Eighth Pay Commission will be constituted. Therefore, you people have to wait now. There is a lot of discussion in the media report message that the process of formation can start in December 2024. However, till now the central government has not made any major announcement on this and the Eighth Pay Commission will be implemented by 2026. Therefore, it will take a long time to be implemented, how many days will you have to wait.

How much percent will be the increase in the dearness allowance of July

Dearness allowance is going to increase in July 2024, it is being told in the media report that there can be an increase of 4 to 5%. Some media are also claiming that there will be an increase of only 3%, but whatever it is. It is going to be a very big increase. Therefore, after this increase, there will be a huge increase in the salary of the employees.

After that, the increase will be done in January 2025. Till now, the dearness allowance has increased by up to 4% several times in a row. All the central employees are hoping that this time also an increase of 4 percent can be done by the central government.