DA Hike News: Central employees can get good news on the first day of Navratri. The government can increase the dearness allowance of central employees. The Union Cabinet meeting will be held on October 3, in which some big decisions are believed to be possible. The central government can approve the DA of central employees on October 3.
If this happens, it will be like a big gift before Dussehra and Diwali. Earlier, the government had increased the DA in March, the rates of which came into effect from January 1, 2024. Since then, all the employees have eagerly waited for the DA increase for the next half year. Nothing has been said about the date of the DA increase yet, but such a claim is being made in media reports.
How much will the DA increase?
According to information from sources, if the DA of central employees is increased by 3 per cent, it will increase to 53 per cent. At present, central employees are getting the benefit of 50 per cent DA. Apart from this, the government will also give three months’ arrears between July and September.
It helps the employees’ income to deal with inflation. According to 3 per cent DA, there will be a decent increase in the salary of central employees. If an employee’s salary is Rs 40000, then at 3 per cent, an increase of Rs 1200 will be made monthly. It is believed that an increase of Rs 14,400 every year is possible. Now, all eyes are on the cabinet meeting on October 3.
When was the DA last increased?
The central government increased the dearness allowance by 4 per cent in March. Its rates were implemented from January 1, 2024. The government works to improve the DA twice yearly, the rates of which are effective from January 1 to July 1. For information, let us tell you that the government has already given a big blow to the DA arrears of 18 months stuck. The government has refused to pay the pending DA arrears. Apart from this, there is no hope from the government even after the formation of the 8th Pay Commission.