Dearness Allowance from 01 Jul 2024 @ 53%- Approved by Union Cabinet on Wednesday
As per news sources the Union Cabinet on Wednesday cleared a 3% hike in the Dearness Allowance (DA) for central government employees. This increase brings the total DA to 53% of basic pay. The additional 3% hike is expected to ease the financial burden on government employees amid rising inflation. With this, central government employees will receive their October salary with the revised DA, along with arrears for the past three months. Pensioners will also benefit from this announcement, as the Dearness Relief (DR) will be adjusted accordingly. The DA hike is determined based on the All India Consumer Price Index (AICPI), reflecting the government’s ongoing commitment to support employees facing increasing living costs.
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