DA hike news: What can be termed as great news for the Chhattisgarh government employees Chief Minister Vishnu Deo Sai has announced 4 percent Dearness Allowance (DA) hike of state government employees taking it to 50 percent of the basic salary. The Central government is also likely to announce a 3 percent Dearness Allowance (DA) hike for central employees just ahead of festive season as per reports. Previously it was reported that the Central government might announce the hike following the Union Cabinet meeting on October 9. However it has now been indicated that the official declaration may come closer to the Diwali celebrations. The decision on the DA hike could be finalised in the next Cabinet meeting scheduled just days before the festival. How Much Increase In Dearness Allowance (DA)? According to the reports there will be an increase of 3 percent in dearness allowance for central employees. Currently they are getting 50 percent DA from January 2024. After this hike it will become 53 percent. According to the AICPI index the total dearness allowance has reached 53.36 percent by June 2024.  How Was the 6 Month AICPI Index? Month Index Data Dearness Allowance January 2024 138.9 Points 50.84 % February 2024 139.2 Points 51.44 % March 2024 138.9 Points 51.95 % April 2024 139.4 Points 52.43 % May 2024 139.9 Points 52.91 % June 2024 141.4 Points 53.36 % How Much Salary Will Increase? According to the 7th Pay Commission the basic salary of Central employees at Level-1 starts from Rs 18000 to the maximum bracket of Rs 56900.  Salary Calculation On Basic Pay (Rs 18000) Basic salary of employee Rs 18000 New Dearness Allowance (53%) Rs 9540/month Till now dearness allowance (50%) is Rs 9000/month. How much dearness allowance increased 9540-9000= Rs 540/month Increase in salary for 6 months 540X6= Rs 3240 Salary Calculation On Maximum Basic Pay Of Rs 56900 Basic salary of employee Rs 56900 New dearness allowance (53%) Rs 30157/month Till now dearness allowance (50%) is Rs 28450/month. How much dearness allowance increased? 30157-28450 = Rs 1707/month Increase in salary for 6 months 1707X6= Rs 10242 (Note: This calculation has been done on the basis of estimates. The final salary is formed after adding other allowances to it.)