DA Hike In UP: UP employees will be happy, DA will be increased by 3%, this will affect the salary
DA Hike in UP: Following the 3 percent dearness allowance increase for central government employees, UP employees are increasingly waiting for the July DA. Now, good news has emerged for UP employees. Soon, UP employees will receive a 3% DA increase before Diwali. The DA increase will also boost employees' salaries.
News - (UP News) The month of October has now begun, and the wait for July's DA has increased among UP employees. A 3 percent DA increase is expected soon for UP employees and pensioners. This DA hike could be a relief for UP employees before Diwali. Let's explore the impact of the DA hike on employees' salaries.
What do the AICPI index figures say?
Experts in wage and pension determination say that the Consumer Price Index for industrial workers stood at 410.976 in July 2024 and 410.688 in August.
412.704 in September, 416.16 in October, 416.16 in November, 413.856 in December, 412.416 in January 2025, 411.264 in February, 411.84 in March, 413.28 in April and 414.72 in May.
How much will dearness allowance increase
Now the average index of these 12 months has been 413.472 points in a similar manner. Experts say that Dearness Allowance will be given as per the prescribed formula of 58.17 percent.
They say that Dearness Allowance is payable in whole numbers. 58 percent Dearness Allowance will also be payable in the same manner. Currently, central and state employees get 55 percent Dearness Allowance (DA Hike). In such a situation, an increase of 3 percent has been decided.
When will the DA hike be announced?
Even if the July dearness allowance (DA Hike in UP) is announced in August or September, it will be considered paid starting in July. Following the central government's announcement, the state government will announce the increase in dearness allowance.
A 3 percent increase in the July dearness allowance (DA Hike in UP) has now been announced for central government employees.
The salary of the employees will increase so much
The DA hike also affects UP employees' salaries. For example, if an employee's basic salary is ₹18,000, this will increase their salary by ₹540 per month. Similarly, pensioners will also receive the benefit of the increased dearness allowance based on their basic pension.