7th Pay Commission: The fortunes of central employees and pensioners are going to shine because a big announcement is expected from the central government. The Modi government is expected to announce a hike in the Dearness Allowance (DA) for both employees and pensioners, resulting in significant benefits for all, akin to a generous gift. More than one crore employees and pensioners will benefit from the DA hike. If we announce the DA hike now, its rates will become effective from July 1, coinciding with the monsoon season. There will also be a significant increase in salary. The central government will hold its cabinet meeting on September 25. This meeting could potentially lead to a significant increase in the dearness allowance. Previously, it refused to provide DA arrears.
The government will hold a cabinet meeting on September 25.
The central government is likely to announce an increase in dearness allowance soon, making it an attractive proposition. This time, it is believed that the Dearness Allowance (DA) will increase by approximately 4 percent for the employees. If this happens, then DA will increase to 54 percent. Currently, employees are receiving a 50 percent DA.
The Government of India is scheduled to hold a cabinet meeting on September 25, during which they are expected to approve the DA hike, which would be a significant benefit. If an employee’s salary is Rs 60 thousand, the 4 percent DA will result in an increase of Rs 2400.
The Economics Times report served as the basis for this calculation. Anyway, the central government increases DA twice every year, with rates that are considered effective from January 1 and July 1. Now, the central government will raise the DA, and its rates will take effect from July 1.
Determine the current amount of dearness allowance.
For your information, the dearness allowance previously experienced a 4 percent increase before reaching 50 percent. Every six months, the government announces an increase in DA. The last increase in DA occurred in March 2024. Now all employees and pensioners are eagerly awaiting the increase in dearness allowance, which is set to expire soon. The government can announce this at the cabinet meeting on September 25.
