DA Hike Alert! Govt Employees Eye Big January Increase, Awaiting Key Report

• Government employees anticipate a significant Dearness Allowance (DA) hike in January, potentially 3-5%.
• The increase hinges on the All India Consumer Price Index for Industrial Workers (AICPI-IW), with December's index crucial.
• Current DA is 58%; a 3-5% increase would raise it to 61-63%, impacting salaries.
• The 8th Pay Commission is constituted; its report in 18 months could lead to DA merger with basic salary.
• Manjeet Singh Patel of All India NPS Employees Federation detailed potential hike percentages based on the index.

Why It Matters: Government employees await a key report for a significant January DA hike.