The year 2022 is about to go and the new year 2023 is about to come. People have high hopes from the new year 2023. Central employees and pensioners also have high hopes in the new year. Meanwhile, news is coming that in the new year, the central government can give three gifts each to its employees and pensioners. According to media reports, the new year includes increase in DA of employees, increase in fitment factor and payment of outstanding DA. That is, in the new year government and pensioners will get triple bonanza together.
DA may increase by up to four percent
The way the graph of inflation is increasing, it seems that in the new year, the dearness allowance (DA Hike) of central employees can be increased by up to 4 percent. Actually, the dearness allowance of central employees is reviewed every 6 months. Dearness allowance is hiked twice a year on the basis of AICPI data. One hike takes place in January and the other in July. Like every year, in the year 2023 also there will be an increase in the dearness allowance of central employees.
Dearness Allowance (DA) for January 2023 is usually announced before Holi. If dearness allowance is increased by 4 per cent, then the cost of central employees will increase from the current 38 per cent to 42 per cent. After a four per cent increase in DA in September 2022, now central employees are waiting for a hike in dearness allowance in the new year.
Government can take a big decision on DA outstanding for 18 months
The issue of DA Arrears of 18 months pending for central employees is still pending. It is expected that in the beginning of the year 2023 itself, the government can solve it by finding a middle way. In fact, the DA of the last 18 months from January 2020 to June 2021, during the Corona period, is still pending.
Looking at the demands of the employees unions, the government may adopt a middle way in this regard and announce a lump sum amount. If this happens then up to Rs 2.18 lakh can come in the account of the employees.
At the same time, the matter of revision in the Fitment Factor of the Central Government is also fast. Central employees are continuously demanding increase in fitment factor. Therefore, after the Union Budget, the government can make a big announcement on increasing the revision in the fitment factor. If there is an increase in the fitment factor, then there can be a big increase in the salary of the employees. At present, fitment factor is being given to central employees at the rate of 2.57 per cent. There is a demand to increase it to 3.68 times. With the increase in fitment factor from 2.57 to 3.68, the minimum basic pay will increase from Rs 18,000 to Rs 26,000. If the central government accepts this demand, then there will be a tremendous increase in the minimum salary of central employees.
Significantly, the last time the fitment factor was increased in the year 2016. The 7th Pay Commission was also implemented in the same year. At that time the minimum salary of the employees went straight from Rs 6000 to Rs 18,000. While the ceiling was increased from Rs 90,000 to Rs 2.5 lakh. Now the government can again increase the salary of central employees this year.
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