The Central government employees must note that the dearness allowance is worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month.
7th Pay Commission: The hike in dearness allowance and dearness relief for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month.
Reports claimed that the Centre is likely to announce a hike in DA after the G20 summit in Delhi which will end on September 10. However, there has been no official confirmation on the matter so far.
DA Hike Latest News: An official at the Union Ministry of Finance told India.com that the Centre this time could announce only a 3% hike in dearness allowance as the inflation is steadily coming under control.
7th Pay Commission: Dearness allowance was last time hiked by 4 per cent, which became effective from January 1, 2023 and after the 4 per cent hike, the DA was increased to 42 per cent. aaa