Dearness Allowance:46% DA from July 2023 to Central Govt Employees is almost confirmed

DA Revision : Central Staff likely to get 46% DA from July 2023 as per the formula for calculation of rate of Dearness Allowance

• The DA for central government employees is expected to be 46% from July 2023.
• The AICPIN for May 2023 stood at 134.7, which is the basis for the DA revision for July 2023.
• The DA revision will be a welcome relief for central government employees, who have been facing rising inflation in recent months.
• The Dearness Allowance revision is also expected to boost the economy, as it will give employees more money to spend.

Dearness Allowance : 46% DA from July 2023

The Dearness Allowance (DA) for central government employees is expected to be 46% from July 2023. This is based on the All-India Consumer Price Index for Industrial Workers for May 2023, which stood at 134.7. The DA is revised every six months based on the movement of the AICPIN.

The actual DA for July 2023 will be announced by the government in the month of September. However, the current indication is that it will be 46%. This would be a welcome relief for central government employees, who have been facing rising inflation in recent months.

The 46% DA would mean that a central government employee with a basic salary of Rs. 50,000 would get an additional Rs. 23,000 per month as DA. This would bring their total salary to Rs. 73,000 per month.

The 46% DA is also expected to boost the economy, as it will give employees more money to spend. This will lead to increased demand for goods and services, which will in turn create jobs.

Overall, the 46% DA is a positive development for central government employees and the economy as a whole. It will help to offset the rising cost of living and boost economic growth.

As AICPIN Point for May 2023 has increased to 134.7 Points from 134.2 Points, the possibility on increasing the Dearness Allowance to 46% is strengthened. The current rate of Dearness Allowance is 42%. Even the CPI Index maintain this 134.7 points level, the rate of DA will be increased by 4% from July 2023. So Central Govt Employees will get 4% DA hike from 1.7. 2023.

Check this DA Calculator

All-India Consumer Price Index for Industrial Workers (AICPIN)

The rate of Dearness Allowance is calculated based on Consumer Price Index for Industrial Workers (AICPIN). The average of 12 Months CPI Points from July 2022 to June 2023 will determine the rate of DA to be paid from July 2023

AICPIN points from June 2022

DA Revision for Central government Employees from 1.1.2016 in 7th CPC

DA Table 2023 : DA Revision with Month wise AICPIN Points from January 2016 is provided below

46% DA Increase Table for Level 1 to Level 3

46% DA Increase Table for Level 4 to Level 6