Central Employees DA Hike: Employees and pensioners are waiting for DA/Stock. Earlier, on Holi Rangpanchami, it was expected that in view of the festival, the Modi government at the Center could announce bachelor growth, but this did not happen. Now it is expected that a proposal for DA hike may come up in the cabinet meeting to be chaired by PM Narendra Modi on March 26. After this, orders will be issued by the Finance Ministry. However, official confirmation is yet to be made. The DA rates were revised at the end of March last year.

Will dearness allowance increase by 2 to 3 percent?

Currently, central employees pensioners are getting DA at the rate of 53% and the next DA is to be increased from January 2025 which will depend on the data of AICPI Index from July to December 2024 by the Ministry of Labor.

In the data from July to December, AICPI Index score has reached 143.7 and DA score has reached 55.99%, in such a situation it is expected that there will be an increase of 2 to 3% in DA, because the ones before 0.50 are rounded off from downward calculation and those above 0.50 are rounded off from upward calculation.The new rates will be applicable from January 2025, in such a situation, arrears of 2 months January and February will also be available.

Dearness allowance is increased twice a year

The rates of Dearness Allowance and Dearness Relief of Central Government employees and pensioners are revised twice every year by the Central Government on the basis of half-yearly data of All India Consumer Price Index. This increase is made every year from January and July, which is announced around March and October.

How much will the DA hike increase the salary?

DA and DR for pensioners are calculated based on the Consumer Price Index (CPI-IW) applicable for industrial workers. If the basic salary is Rs 18,000, a 2% hike will result in an increase of Rs 360 per month. There will be an additional benefit of Rs 4,320 in a year. If the basic pension is Rs 9,000, there will be an increase of Rs 180 per month, which will give an annual benefit of Rs 2,160. If an employee’s salary is 1,00,000, then under the current 53% DA he is getting ₹ 53,000. If it is 55%, he will get 55,000.