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Central government employees news: The wait of central employees is over. The Dearness Allowance (DA Hike) to be implemented from July 2024 has been approved. The figures of June 2024 of the AICPI index have been released. There has been a huge jump in it. Its direct benefit will be given to the central employees and pensioners taking salary under the 7th Pay Commission. Dearness allowance is being given 50 percent from January 2024. But, it has not been made zero. From July, the calculation of dearness allowance has started in this way. There has been a big jump of 1.5 points in the AICPI index. This has also increased the score of dearness allowance.
DA Hike: Dearness Allowance will increase by 3%
The numbers of the AICPI-IW index between January and June 2024 have decided how much dearness allowance the employees will get from July 2024. The final numbers have been released. The AICPI index of June has seen a jump of 1.5 points. In May, it was at 139.9 points, which has now increased to 141.4. However, the score of dearness allowance has gone up to 53.36. This means that this time the dearness allowance will increase by 3 percent. In January, the index number was at 138.9 points, due to which the dearness allowance increased to 50.84 percent.
How much is the dearness allowance now?
| month | CPI(IW)BY2001=100 | DA% Monthly Increase |
| January 2024 | 138.9 | 50.84 |
| February 2024 | 139.2 | 51.44 |
| march 2024 | 138.9 | 51.95 |
| April 2024 | 139.4 | 52.43 |
| May 2024 | 139.9 | 52.91 |
| June 2024 | 141.4 | 53.36 |
Inflation on annual basis CPI-IW (General)
Inflation has declined on annual basis in June 2024, the inflation rate in June 2024 was 3.67% while in June 2023 it was 5.57%.
What is the difference between AICPI-IW in May and June?
| Serial number. | Group | May , 2024 | june , 2024 |
| I | Food and Drink | 145.2 | 148.7 |
| Second | Paan, betel nut, tobacco and narcotics | 161.2 | 161.6 |
| Third | Clothing and footwear | 143.6 | 144.2 |
| Fourth | Accommodation | 128.4 | 128.4 |
| V | fuel and light | 149.5 | 148.8 |
| Sixth | miscellaneous | 136.1 | 136.3 |
| General index | 139.9 | 141.4 |
Declaration will be made from July 1, announcement will be made by October
Dearness allowance for central employees is announced by September or October. But, it will be implemented only from July 2024. The intervening months will be paid as arrears. Under the 7th Pay Commission, the AICPI numbers from January to June 2024 will decide the dearness allowance for central employees. Dearness allowance has reached 53.36 percent. The situation is clear, dearness allowance is going to be 53 percent.
Dearness Allowance will not be zero
The dearness allowance of the employees will not be zero. The calculation of dearness allowance (DA Hike calculations) will continue. There is no fixed rule regarding this. Last time this was done when the base year was changed. Now there is no need to change the base year and there is no such recommendation. Therefore, further calculations for central employees will be beyond 50 percent.
