look news india
DA Hike News: There may be good news for central employees today. A special meeting of the Cabinet is going to be held today, in which an increase in Dearness Allowance (DA) may be announced. Government employees are eagerly waiting for the DA hike, which is usually announced at the end of September. However, its announcement is getting delayed this year. Due to the delay in the announcement of dearness allowance, the federation of central employees and workers has expressed its concern by writing a letter to Finance Minister Nirmala Sitharaman. It is estimated that the government will increase Dearness Allowance (DA) by 3%. If this happens then DA will increase from the current 50% to 53%. This increase will be effective from July 2024 and employees will also be given arrears of 3 months between July and September.
It is noteworthy that employed employees get DA and pensioners get DR. At present DA is 50 percent of the basic salary. The last 4 percent DA increase was made in March 2024, which came into effect from January 2024. Since then there was speculation that the government may start afresh with 0 percent DA by merging DA with the basic salary, but the government has denied any such plan. The DA hike announcement is based on the Consumer Price Index (AICPI), which measures changes in retail prices across different sectors.
How much will the salary increase with a 3% increase
If the monthly salary of a central employee is ₹50,000, then with the 3% increase, he will get an additional amount of ₹1,500 every month. This amount can be up to ₹ 4,500 as arrears from July to September, which will be paid along with the next month's salary.
Employees angry over delay in announcement of DA increase
This time the employees are angry with the delay in the announcement of DA increase by the government. The Federation of Central Employees and Workers has also mentioned this in a letter written to the Finance Minister. In the letter, the federation said that usually the DA hike is announced in the last week of September and in the first week of October, three months' arrears (July-September) are given to the employees and pensioners along with salary and pension. The federation also said that the delay in announcing DA and Dearness Relief (DR) is increasing dissatisfaction among employees and pensioners.