7th Pay Commission news: Dearness allowance of employees will not be zero. DA Hike calculation will continue. Actually, there is no rule regarding this.
7th Pay Commission news: There is no good news for central employees. The data of dearness allowance has been updated. But, this has come as a double blow. From January 2024, dearness allowance (DA Hike) is being given 50 percent. After this, there was a discussion of making it zero i.e. zero (0). However, this discussion was because this was done during the 7th Pay Commission . But, there is still confusion on whether it will be implemented. There is no official statement on this from the government.
will it be zero or not?
Let us tell you that the dearness allowance of the employees will not be zero. The calculation of dearness allowance (DA Hike calculation) will continue. Actually, there is no rule regarding this. Last time this was done when the base year was changed. Now there is no need to change the base year. Therefore, dearness allowance for central employees will increase at the rate of 50 percent.
This time dearness allowance will increase less
The numbers of the AICPI-IW index released between January and June 2024 will decide how much dearness allowance the employees will get from July 2024. So far, the numbers for January, February, March and April have come. The numbers for May will be released at the end of June. Now this dearness allowance will increase in July. In January, the index number was at 138.9 points, due to which the dearness allowance increased to 50.84 percent. After this, the index was at 139.2 points in February, 138.9 points in March and 139.4 points in April. On this pattern, the dearness allowance has reached 51.44 percent, 51.95 percent and 52.43 percent by April.
| CPI(IW)BY2001=100 | DA% Monthly Increase |
| January 2024 | 138.9 | 50.84 |
| Feb 2024 | 139.2 | 51.44 |
| March 2024 | 138.9 | 51.95 |
| April 2024 | 139.4 | 52.43 |
| May 2024 | ||
| June 2024 |
How much can dearness allowance increase?
According to experts, the next increase in dearness allowance (DA) can be 3 percent. It can be given at the rate of 53 percent. There is no possibility of it being zero. The DA score determined by the AICPI Index is currently at 52.43 percent. According to the current trend, dearness allowance will reach only 53 percent. The numbers for May and June are yet to come. However, even after a very good jump in the index, dearness allowance will increase by only 3 percent. That means it will increase from 50 to 53 percent. Dearness allowance is calculated from the AICPI index. The inflation data collected from different sectors in the index shows how much the allowance of employees should increase in comparison to inflation.
When will it be announced?
Dearness allowance for central employees is announced by September or October. Actually, the June figure will come by the end of July. After this it will be decided how much the increase is to be. After this the file will reach the Finance Ministry from the Labor Bureau and then the Cabinet will approve it. But, dearness allowance will be approved by September or October. It will be implemented only from July 2024. The payment for the intervening months will be made as arrears.
There will be a huge jump in dearness allowance
Under the 7th Pay Commission, the AICPI numbers from January to June 2024 will decide the dearness allowance for central employees. Dearness allowance has reached 52.43 percent. The numbers for 2 months are yet to come. Experts believe that this time an increase of 3 percent is certain. Now whether the dearness allowance starts from zero or the counting continues from 50 percent. There can be an increase of 3 percent. If this happens, the dearness allowance can reach 53 percent.
