DA: Dearness Allowance for employees and pensioners is decided on the basis of Consumer Price Index for Industrial Workers (CPI-IW) issued every month through the Labor Bureau. Labor Bureau is a branch of the Ministry of Labour. At the same time, government employees also get a lot of DA benefits.
Dearness Allowance: Government employees keep a lot of hope regarding DA. Now important information about DA has come to the fore and soon the Modi government can also make an important announcement regarding DA. Actually, an increase in DA can be seen in the coming days.
The central government can increase the dearness allowance (DA) for its more than one crore employees and pensioners by three percent under the agreed formula. Right now DA is 42 per cent. At the same time, by increasing the DA by three percent, it will become 45 percent.
How is DA determined?
It is decided by the government to increase the DA. Meanwhile, dearness allowance for employees and pensioners is fixed on the basis of Consumer Price Index for Industrial Workers (CPI-IW) issued every month through the Labor Bureau. Labor Bureau is a branch of the Ministry of Labour. At the same time, government employees also get a lot of DA benefits.
Making these demands
Shiv Gopal Mishra, General Secretary of All India Railwaymen’s Federation said, “The CPI-IW for June 2023 was released on July 31, 2023. We are demanding a four percent hike in dearness allowance. But the government can increase the dearness allowance by three percent. It is likely to be 45 percent.
DA hike proposal
He further informed that the Department of Expenditure, Ministry of Finance will prepare a proposal for DA hike with its revenue implications and place the proposal before the Union Cabinet for approval. The DA hike will be effective from July 1, 2023.
At present, more than one crore central government employees and pensioners are getting 42 per cent dearness allowance. The last revision in DA was done on 24 March 2023 and it became effective from 1 January 2023.
