Big Announcement for Central Govt Employees – This Time DA Would Raise up to 4%!! The central government employees and pensioners are all waiting for a hike in dearness allowance. So far government employees have been getting dearness allowance on the basis of 34 percent. At the same time, they expect minimum 4 percent of DA in the July installment.
In that way, it is expected that the central government headed by Prime Minister Modi will soon announce the increase in dearness allowance. In particular, there are reports said that, after the meeting of Union Cabinet, the announcement may be made on August 3. This hike is calculated based on AICP Index. The AICPI index get raised in the months of April and May. Similarly, the AICPI index for June get raised by one point to the total of 129.2 points.
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This is followed by further increase in the AICPI index, which is expected to lead another 4 percent increase in the dearness allowance. Apart from this, it seems that there are some chances of increasing the fitment factor which determines the wages of central government employees. Lakhs of central government employees and pensioners across the country will benefit if the hike is announced by the central government.
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