Central government employees are set to receive a much-awaited announcement regarding an increase in Dearness Allowance (DA) this month. This news will bring great relief as it will lead to an increase in the salaries of government employees across all levels. Typically, government employees anticipate the DA hike between July and September each year, as the revision benefits both lower-level employees and senior officers. Under the 7th Pay Commission, the government increases salaries and DA twice a year.
Expected Announcement Date
As per media reports, the government is expected to announce a 3% increase in DA based on the All-India Consumer Price Index for Industrial Workers (AICPI-IW) data from January to June 2024. The DA increase is anticipated following a rise of 1.5 points in the June AICPI index. The hike will raise the DA to 53% of basic pay, and the decision will likely be confirmed during the cabinet meeting scheduled for September 25. For employees earning a monthly salary of ₹50,000, this increase will result in a salary boost of ₹1,500.
January’s DA Hike
Earlier this year, in January, the central government had increased DA by 4%, taking the allowance to 50%. This move provided significant relief to government employees. DA and DR (Dearness Relief) increases are generally made effective from January 1 and July 1 but are announced at a later date. As a result, employees and pensioners will also receive arrears for the previous months once the DA hike is confirmed. Last year, the government announced the DA increase on October 18, benefitting millions of central government employees and pensioners.
This month’s DA hike will further aid in mitigating inflationary pressures for central employees and retirees across the country.
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