look news india
In the festive season of Diwali, Narendra Modi government is preparing to give a big gift to the central employees. According to the information received, according to the update coming out, the Center can give Diwali gift to the employees by increasing the dearness allowance. This time the government can increase DA by three percent and if this happens then the DA received by the employees will increase to 53 percent.
DA of employees will increase to 53 percent
Central employees have recently been getting 50 percent DA and the government seems to be in a mood to increase it by 3 percent before Diwali. According to the information, if this happens then DA will increase to 53% and will be applicable from July 1, 2024. This means that the Diwali of central employees will be bright and there will be a bumper increase in their salaries. According to the information received, a decision in this regard can be taken in the cabinet meeting on Wednesday.
Earlier in March there was an increase
Usually the Central Government revises the DA of employees in January and July. Earlier, on March 24, 2024, central employees were given the gift of 4 percent DA increase. With this increase, the dearness allowance they receive has increased from 46 percent to 50 percent. It is noteworthy that signs of excess in DA were already visible. In a recent report, a senior official of the union of central government employees and workers had said that DA will be increased in the next cabinet meeting. We expect a growth of at least 3%.
It is noteworthy that the calculation of DA given to employees is related to the All India Consumer Price Index. Which tracks retail inflation over the last 12 months. With global inflationary pressure and rising costs, this decision is very important for managing household budgets across the country.