Central Government Employees likely to get 4% DA hike from July 2023

 The All India CPI-IW for May 2023 increased by 0.5 points and stood at 134.7, based on the igecorner DA Calculation Sheet the DA as of May 2022 is 45.58

The DA is revised based on the changes in the All India Consumer Price Index (AICPIN). The June 2023 AICPIN value is needed to finalize the DA for July 2023. The value of June 2023 will be released only at the end of July 2023 by the Labour Bureau. However, as per the DA Calculator, the DA will be 46%, which means a 4% increase from the existing 42% DA is almost confirmed.

DA hike from July 2023

The government may consider a DA hike of 4 percent in July 2023. This means central government employees will get a DA of 46 percent. Currently, government employees get a DA of 42 percent on their basic salary. If the DA hike of 4 percent is implemented, employees are going to get a 46 percent dearness allowance on top of their basic pay. Dearness allowance (DA) is given to government employees, while dearness relief (DR) is for pensioners.

This calculation is based on the defined formula for DA calculation, we have to wait until the end of July 2023 to find the exact increase and the official confirmation from the central government.