DA Hike Updates: Good news for central employees, this news came about dearness allowance

DA Hike Updates: Good news for central employees, this news came about dearness allowance

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DA Hike Latest News 2023: If you work under the central government, that is, you are a central employee, then this news is special for you. Yes… now your wait is about to end. According to media reports, the Narendra Modi government at the Center may work to approve the increase in DA Hike in the Union Cabinet meeting to be held on Wednesday.

According to the news, this time the Modi government has increased the dearness allowance by 4%. A meeting is going to be held on Wednesday after which DA can be announced. With the increase in dearness allowance by 4 percent, the dearness allowance of central employees will increase to 42%.

How much DA will increase

Let us discuss here that on the basis of AICPI-IW data, allowance is given to the employees by calculating inflation. Dearness allowance is revised every 6 months. According to media reports, the increased dearness allowance can be given to the employees from January 2023. At present the employees are getting only 38% dearness allowance. It should be noted that the announcement of the increase in DA was to be made before Holi. But the central employees did not get good news even after waiting.

arrears will be received like this

According to the news, the Finance Ministry will notify it. As soon as the notification is issued, the increase in the salary of the central employees will start. According to the news going on in the media, there is a possibility of payment of increased dearness allowance in the salary of March. Employees can get 2 months arrear (DA Arrear). The total increase in Pay Band 3 is to be Rs 720 per month. Means they will also get arrears of Rs 720X2=1440 for January and February.

Pensioners will get benefits

If the Modi government makes an announcement, then lakhs of pensioners of the country will also get its benefit. Along with Dearness Allowance (DA Hike), they can also be increased by 4% in Dearness Relief (DR Hike). This means that pensioners will also be paid dearness relief at the rate of 42% by the central government. Under the 7th Pay Commission, the Modi Government has done the work of increasing the money of the employees and pensioners.

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