Central government employees, rejoice. Diwali festivities are just around the corner, and it seems like there’s a pleasant surprise awaiting you. According to recent reports, the Modi government is all set to announce a 3% increase in Dearness Allowance (DA) before Diwali. This means over 1 crore central government employees and pensioners can expect a fatter pay check this October.
A Much-Awaited Announcement
The Center typically hikes DA twice a year, effective from January and July. However, this year, the July DA hike has been delayed significantly.
While it was initially anticipated to be announced before the Haryana elections, the latest buzz suggests it’s likely to come just days before Diwali. This delay has understandably caused some discontent among employees.
What is DA and How is it Calculated
Dearness allowance is a crucial component of the salary of government employees. Its purpose is to offset the impact of inflation. The DA is calculated based on the All India Consumer Price Index (AICPI), which tracks changes in retail prices.
Employee Unions Raise Concerns
Earlier this month, the Confederation of Central Government Employees and Workers wrote to Finance Minister Nirmala Sitharaman, expressing their concerns about the delay in the DA hike announcement. They emphasized the financial strain this delay was causing for employees and pensioners.
A Diwali Gift for Central Employees
If the government indeed announces a 3% DA hike, it will bring significant relief to central government employees. This increase, coupled with the festive bonus, could make Diwali even more special for them.
Himachal Pradesh Sets the Precedent
It’s noteworthy that the Himachal Pradesh government has already announced a 4% DA hike for its employees before Diwali. This move has undoubtedly boosted the morale of state employees. If the central government follows suit, it will be a fantastic Diwali gift for its employees as well.
Stay Tuned for Updates
As we eagerly await the official announcement, central government employees can look forward to a brighter Diwali with the prospect of a substantial DA hike.