DA of central employees will increase by 4%, dearness allowance will be 50% in 4 months

 DA of central employees will increase by 4%, dearness allowance will be 50% in 4 months

DA of central employees will increase

       Since long, the DA/DR i.e. 'Dearness Allowance and Dearness Relief' of government employees and pensioners has been increased by four per cent. Currently, central employees are getting dearness allowance at the rate of 42 percent.

     There is relief news for more than one crore central government employees and pensioners. From 1st July, dearness allowance 'DA' and dearness relief 'DR' will be increased by four per cent, almost certain. The increase is likely to be approved at the Union Cabinet meeting to be held after the G20 summit. With this increase, the 'DA' of central employees will go up from 42 to 46 percent. Given the current state of inflation, the DA of central employees will go down to 50 percent after about 120 days.

     According to the Seventh Finance Commission report, if this happens then the remaining allowances will automatically increase by 25 per cent. Now the reason for increasing the DA by four percent is the July 2023 All India Consumer Price Index (Industrial Workers). The index rose 3.3 points to 139.7 during July, while the All India CPI-IW for June, 2023 rose 1.7 points to 136.4.

1. Now dearness allowance is getting at the rate of 42 percent

        Let us tell you that DA/DR i.e. 'Dearness Allowance and Dearness Relief' of long standing government employees and pensioners has been increased by four percent. Currently, central employees are getting dearness allowance at the rate of 42 percent. Data released under the All India Consumer Price Index (CPI) and Consumer Food Price Index (CFPI) show that the dearness allowance of workers may increase by four per cent. That is, the rate of DA/DR of employees can reach up to 46 percent. However, the final decision in this regard will be taken by the Union Cabinet. DA-DR increases in January and July every year.

      1.1  CPI rate has been 7.44 percent in July

        According to data released by the National Statistical Office (NSO), Ministry of Statistics and Program Implementation, the inflation rate (provisional) in the All-India Consumer Price Index (CPI) for July 2023, including urban and rural areas, stood at 7.44 percent. The composite CPI rate in June 2023 (final) was 4.87 percent. The same compound rate in July 2022 was 6.71 percent. The Consumer Food Price Index (CFPI) composite rate for July 2023 (Provisional) was 11.51, while the CFPI composite rate for June 2023 (Final) was 4.55 percent. The composite CFPI rate in July 2022 was 6.69 percent.

      1.2. CFPI monthly change is 6.66 percent

        According to the National Statistics Office of the Ministry of Statistics and Program Implementation, the combined CPI rate for July 2023 (provisional) for urban and rural areas under the index is 186.3 percent. The composite CPI rate in June 2023 (final) was 181.0 percent. In July 2022, the same composite rate was 173.4 percent. The Consumer Food Price Index (CFPI) composite for July 2023 (Provisional) was 193.8. The composite CFPI rate in June 2023 (final) was 181.7 percent. The composite CFPI rate in July 2022 was 173.8 percent. Month-on-month change in All India Consumer CPI (General) and CFPI for July 2023 over June 2023. Under the index, between July 2023 (provisional) and June 2023 (final), there has been a combined change of 2.93 percent in CPI (ordinary) for urban and rural areas. Similarly, CFPI's compounded monthly change has been 6.66 percent.

       1.3 Compiled at a level of 139.7 points in July

         Explain that the Consumer Price Index for Industrial Workers is compiled every month by the Labor Bureau Office on the basis of retail prices collected from 317 markets in 88 important industrial centers spread across the country. This data is released on the last working day of every month. The All India Consumer Price Index (Industrial Workers) for July 2023 increased by 3.3 points and settled at 139.7 points. Compared to last month, the index has increased by 2.42 percent. A year ago there was a growth of 0.90 percent between these two months. All India CPI-IW for June 2023 was up 1.7 points to 136.4.

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કર્મચારીના મોંઘવારી ભથ્થામાં ફરી થઈ શકે વધારો લેટેસ્ટ ન્યુઝ જોવા માટે અહીં ક્લિક કરો.

કેન્દ્રીય કર્મચારીઓના DA માં 4% વધારાનો સંકેત બાબતના સમાચાર અહીથી વાંચો

Read Also :- ગુજરાતીમાં વાંચવા અહીં ક્લિક કરો

2. Contribution of food and beverage group

        The food and beverages group has contributed the most to the increase in the index. This affected the total change by 2.86 percentage points. Miscellaneous items include Rice, Arhar, Dal/Tuwer Dal, Apple, Mango, Eggplant, Garlic, Ginger, Jaggery, Green Chilli, Potato, Onion, Tomato, Cumin, Cotton Saree Cotton, Shirt/T-shirt Ready Made, School Uniform, Sandals , leather goods like chappals, canvas shoes, house rent, auto rickshaw fare, repair/service charges, utensils and allopathic medicine etc. contributed to the increase in the index. On the contrary, mainly electricity (domestic charges) and kerosene etc. have moderated the increase in the index.

3. A maximum increase of 8.3 points in the index

         At the central level, Gurugram has shown a maximum increase of 8.3 points in the index. Three centers have 7.9 out of seven, four centers have 6 to 6.9 marks, ten centers have 5 to 5.9 marks, 15 centers have 4 to 4.9 marks, 14 centers have 3 to 3.9 marks, 2 to 2.9 marks, 25 centers have marks. There was an increase between 1 and 1.9 points in 9 centers and between 0.1 and 0.9 points in 4 centres. In contrast, Keonjar recorded a decrease of 1.0 points.