Photo: Money Control
Central Govt Due To Revise DA, Hike Expected By 3-4 Percent
The Union Cabinet is due to announce its decision on the Dearness Allowance (DA) for the second half of the year 2022. After the recent revision and DA hike, the Union Cabinet is likely to increase the DA for all the central government employees and pensioners considering the increasing inflation rates and price hike of essential commodities. DA is likely to be hiked between 3 to 4%.
Tags: DEARNESS ALLOWANCE, Government Employees, Union cabinet, Madhya Pradesh, Tripura
Courtesy: NDTV
Photo: Mint
Dearness Allowance Hiked By 3% For Central Govt Employees
Central Government employees will now receive 34% Dearness Allowance (DA), after the Union Cabinet hiked it by 3%, on March 30. The move is expected to benefit 47.68 lakh central government employees and 68.62 lakh pensioners. "The increase in accordance with the formula, which is based on the recommendations of the 7th Central Pay Commission," said the Union Cabinet, reported PTI.
Tags: DEARNESS ALLOWANCE, Union cabinet, Central Government employees, salary, government job
Courtesy: Press Trust Of India
Photo: Jagran Josh
Dearness Allowance Hiked From 28% To 31%, Says Finance Ministry
In the latest development, the Finance Ministry announced that Central Government employees' Dearness Allowance has been hiked from 28% to 31% of the basic pay with effect from July 1, 2021. Reportedly, the civilian employees paid by Defence Services will also get the benefit. The hike will cover 47.14 lakh central government employees and 68.62 lakh pensioners in India. Earlier, the rate was hiked to 28% from 17%.
Tags: DEARNESS ALLOWANCE, Central Government, FINANCE MINISTRY, employees
Courtesy: Press Trust Of India
Photo: Business Standard
Central Govt Increases Dearness Allowance From 17% To 28%
The central government has increased the Dearness Allowance (DA) for its employees and pensioners from 17% to 28%. The change will come into effective from July 1, 2021. Notably, the revision has come for 5 million employees and 6.5 million pensioners before the forthcoming festival season. Earlier, the government had increased the DA in 2020 from 17% to 21%, but it was not implemented due to COVID-19.
Tags: DEARNESS ALLOWANCE, Central Government, GOVERNMENT EMPOLYEES, Anurag Thakur, PENSIONERS
Courtesy: Business Standard
