New Delhi, October 6: Central government employees are eagerly waiting for hike in Dearness Allowance (DA) based on 7th pay commission recommendations ahead of the festive season of Navratri. More than one crore employees and pensioners will get relief from the DA increase in the second half of the year i.e. from July 1.

According to a report in DNA, this time the Central Cabinet can make an announcement regarding DA and DR of employees during Navratri on recommendations of 7th pay commission. If we look at the last few years, the Central Cabinet gives good news on DA and DR during Navratri. In such a situation, it is expected that the government can announce good news for government employees any day after October 15. 7th Pay Commission DA Hike Update: Centre To Announce Dearness Allowance Hike This Month? Know Details Here.

The government’s decision may come soon because the Election Commission may announce the dates for assembly elections in five states at any time. The imposition of the code of conduct will follow the announcement of election dates, making it challenging for the government to make this decision. 7th Pay Commission: When Will Central Government Revise Fitment Factor For Its Employees? Details Here.

The retail inflation in the country has hit a 15-month-high level in July, the government is expected to increase the dearness allowance (DA) by 3% points to 45%, as per the reports. The DA hike will be effective from July 1, 2023.

It is important to know that the dearness allowance for Central government employees and pensioners is calculated on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month.

(The above story first appeared on LatestLY on Oct 06, 2023 01:00 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).