DA Hike: A very good news has come for all government employees and pensioners. If you are also a government employee then this information can be very important for you. The central government and the state government are going to give a big gift to millions of government employees and pensioners. There is going to be a huge increase in the dearness allowance (DA Hike) of all the government employees.
The month of July is going on right now and this is the decision period. Only after this period it is known how much the dearness allowance is going to increase. Let us tell you that the May numbers of AICPI index have been updated, according to which dearness allowance (DA hike) has reached 53%. Now we just have to wait for the June month numbers which will be released on July 31.
DA Hike Latest News Today
Let us tell you that according to media reports, this time there is a possibility of a three percent increase in the dearness allowance of all government employees and pensioners. Prime Minister Narendra Modi’s third term has started and during his second term, DA was increased by a total of four percent, which was later increased to 50.
DA Hike Big Update
Modi ji’s third term has started and there is a possibility that the minimum allowance of central employees can now increase by 3 percent. However, no official announcement has been made on this yet. Let us tell you that all the employees of the central government are currently being given 50 percent DA.
But due to inflation and rising prices of goods, there are many employees who find it impossible to meet their daily expenses from the salary given by the government. In such a situation, the central government employees are demanding a hike in DA.
Increase in dearness allowance in the last few years
In the last few years, there has been a steady increase in dearness allowance. In 2021, there was an increase of 28% to 31% in dearness allowance. In 2022, there was an increase of 34% to 38% in dearness allowance. And at present there is a 50% increase. Which is expected to be increased by 53% by the government this time. If this happens, then government employees and pensioners will get great relief.
If you are also a government employee and are eagerly waiting for the increase in your dearness allowance, then let us tell you that now it can be announced at any time. The financial budget is going to be presented on 23 July 2024, in such a situation, it is being speculated that a big announcement can be made regarding dearness allowance.
Dearness Allowance can increase by this much
According to media reports, it is being estimated that this time the dearness allowance can increase by at least 3%. If this happens, then the dearness allowance of central employees will increase to 53 percent. Aicpi index has reached 139.9 points in May 2024, it has increased by 0.5.
Although last time when the base year was changed, the dearness allowance became zero, but its calculation will continue now. There is no need to change the base year right now, so the rate is being increased beyond 50 percent.
If experts are to be believed, there will not be much increase in dearness allowance right now. There can also be a loss of one percent. Now after the June month numbers are updated, there is a possibility of an increase of three percent in the inflation rate. After this it can be 53 percent. If there is an increase of 0.5 points in the Aicpi index, then the dearness allowance will increase to 53.28 percent.
Disclaimer – Friends, I would like to tell you that we have taken this information from the internet and media reports. Therefore, you are requested to wait till its official announcement.