Sunday, August 13, 2023

Central D.A. from July 2023 ? 3% or 4% ?

The All-India CPI-IW for June, 2023 increased by 1.7 points and stood at 136.4 (one hundred thirty six point four) points as per the press release by issued by Labour Bureau. Now, DA/DR from July, 2023 has been confirmed with this release.  This month CPI-IW is showing 4% increase in DA/DR from July, 2023 i.r.o. Central Govt Employees and Pensioners and be at 46% in 7th CPC DA/DR.  All expectations regarding future DA/DR ends here with this release. Hence 46% DA/DR from Jul, 2023 is now confirmed and may be approved by the Union Cabinet .

Many newspaper and portals have informed about a 3% possible rise bust as per the agreed D.A. Calculation formula, D.A. from July 2023 comes to 46.23% and the percentage point is ignored as per convention.

So it can be predicted a 4% rise in D.A./D.R. for Central Govt. employees and pensioners with effect from 1st July 2023.

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