DA Hike For Central Government Employees: The good news for central employees is that the government is about to open the Treasury Box. It is believed that the Modi government is going to increase the dearness allowance, i.e., DA, any day, after which the salary will jump up like a leopard.
A large number of people will get to see its benefit. September will bring double-positive news for central employees. At the beginning of the month, we will release the numbers of the AICPI index, which will lead to an increase in dearness allowance.
Therefore, speculation suggests that an increase in DA could occur by the end of September, which would be a significant positive development. Although there has been no official announcement, media reports suggest that the Dearness allowance will increase on September 25.
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The dearness allowance will increase in September.
It is considered absolutely certain that the dearness allowance for central employees and pensioners will increase. We have already determined the numbers for the AICPI index from January to June 2024. The central government has not yet formally announced it. It is believed that the central government can approve it soon.
The Union Cabinet meeting on September 25 can formalize the DA hike. The increased DA rates will be considered valid from July 1, 2024. In any case, the government increases the DA rates twice a year, making them effective from January 1 and July 1. This is a significant gift. It is now believed that the government will soon make a decision to approve it, which will be a significant blessing.
The DA will increase by three percent.
The Modi government at the Center can increase the DA of central employees and pensioners by 3 percent, which will be like a big gift. Following this increase, DA will reach 53 percent. Currently, employees are receiving a 50 percent DA benefit. This means that a central government employee’s salary of Rs 50,000 will increase by approximately Rs 1500 per month.
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Every year, there will be an increase of Rs 18,000 in the salary, which is like a big gift. The 7th Pay Commission mandates a twice-yearly increase in DA. However, the government’s refusal to form the 8th Pay Commission comes as a significant shock.
