look news india
New Delhi: The festive season is going to start with a great news for more than one crore central employees and pensioners of the country. Just before Diwali, the government is preparing to announce another increase in dearness allowance (DA) and inflation relief (DR). This time, an increase in DA by 3% is almost fixed.
After this decision, central employees’ dearness allowance increased from 53% 56% Will be done.
Why and how does this increase?
In fact, the government amends DA on the basis of inflation figures twice a year (in January and July). This increase depends on the data of AICPI (All India Consumer Price Index). The figures that have been revealed by July 2024 are clearly indicating that DA has a 3% increase.
The formal announcement of this increase can be made in the cabinet meeting to be held in late September or early October.
How much will your salary affect?
Let us understand it with an easy example:
- Suppose an employee’s basic salary Rs 50,000 per month Is.
- According to 53% DA, they are now 26,500 rupees Dearness allowance is getting.
- After a 3% increase, DA will be 56%, and them 28,000 rupees Will meet.
- This means that directly in their salary Rs 1,500 per month Will increase.
This increased salary is expected to be added to the salary of October. Also, July, August and September, these three months arrears (outstanding amounts) will also be given to the employees.
This news will definitely double the happiness of Diwali for millions of families, who were waiting for some relief in this era of inflation.