Central government employees DA hike from July 2023. This means central government employees will get a DA of 46 percent. Currently, government employees get a DA of 42 percent on their basic salary. If the DA hike of 4 percent is implemented, employees are going to get a 46 percent dearness allowance on top of their basic pay.
The Dearness Allowance (DA) for central government employees is likely to be hiked by 4% in July 2023. This means that the DA will increase from the current 42% to 46%. The hike is based on the All India Consumer Price Index (AICPIN) for May 2023, which has been released by the Labour Bureau. The AICPIN for May 2023 stood at 134.7, which is 0.5 points higher than the AICPIN for April 2023.
The final DA for July 2023 will be released by the government in the first week of August 2023. However, the 4% hike is almost certain, as the AICPIN has been consistently rising in recent months.
The DA hike will benefit over 50 lakh central government employees and pensioners. It will also have a positive impact on the economy, as it will boost consumer spending.
Here is a table showing the DA for central government employees from July 2022 to July 2023:
Month | DA |
---|---|
July 2022 | 38% |
January 2023 | 40% |
April 2023 | 42% |
July 2023 (expected) | 46% |
Central Government Employees likely to get 4% DA hike from July 2023. Increase in DA (Dearness Allowance) from July 2023: A Boost for Government Employees.
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