Do central government employees receive a 46% increase in DA?
Will there be an agreement on the DA for central ministers?
Will there be an increase in salary and allowances next month?
These are important questions that concern both central government employees and pensioners!
Finding answers to these queries is the purpose of this post!
Greetings, friends!
During the meeting held last Wednesday, the unanimous support for the proposal to increase the salary of Central Ministers by 4% was highly commendable. This agenda item has been endorsed for various reasons.
The upcoming meeting of the Central Ministers, scheduled for next Wednesday, is anticipated with great interest. During this meeting, the Central Government is expected to present a proposal to raise the Dearness Allowance (DA) by 4% from July 2023, benefiting government employees, pensioners, and military personnel.
In the event that the meeting does not take place as planned on the 12th, we can expect a confirmed agreement on October 19th. This is the current situation.
Regardless of the circumstances, this increase in DA will be advantageous for all government employees, from lower-level staff to higher-ranking officials. It is imperative that there are no errors in this matter. We can trust that the central government will expeditiously raise the current 42% DA to 46%, effective from July.
Once approval is received from the Ministry of Finance, the Balance Ministry will issue official instructions. Subsequently, all individuals will receive salary increments and pension enhancements, accompanied by a three-month arrear.
The resolution for the two-month arrears has already been completed, and adjustments have been made for the three-month arrears. The increased Dearness Allowance will be reflected in the October salary, while the arrears for July, August, and September will be disbursed separately.
We are currently assessing the extent to which government employees and retirees can benefit from these increased benefits.
Let us consider an example: a government employee with a basic salary of INR 49,000 in Pay Level-6, who also receives a Transport Allowance of INR 3,600. It is simple to calculate the salary increase and arrears they are eligible for.
In July, August, and September, they would receive a total of INR 20,580 as Dearness Allowance, in addition to INR 5,112 as Transport Allowance, resulting in a total of INR 25,692. In October, they would receive a total of INR 27,796 as Dearness Allowance and Transport Allowance.
The increased amount for one month would be INR 2,104.
For the three-month arrears, the amount would be INR 6,312.
Furthermore, it is important to highlight the significant increase in the central government’s pension for pensioners. Pensioners have the opportunity to witness the appreciation of their contributions by the central government. The basic pension for a retiree stands at INR 25,250.
In the months of July, August, and September, pensioners receive a total of INR 35,855, including the basic pension and the dearness allowance. Moving forward to the following month, October, pensioners will receive a total of INR 36,856, including the basic pension and the dearness allowance.
The additional amount for one month is INR 1,010, while the accumulated amount for three months is INR 3,030. It is worth mentioning that central government employees and pensioners can access their increased benefits and pension amounts through the online calculator provided in the description below. Please click on the link for further details.