This information is for you if you work for the central government or if someone in your family does. The moment has come for government employees’ dearness allowance to increase. The central employees’ next 15 days will be extremely memorable. In these 15 days, it is expected that the government will make an announcement about raising Dearness Allowance/Dearness Relief (DA/DR). If we follow the trend from up to this point, the Central Cabinet meeting conducted prior to Dussehra is where the DA rise is really announced.
Between October 15 and October 24, an announcement will be made for DA
The media will then be informed of this after that, and the enhanced funds will be distributed to the central staff prior to Diwali. According to sources, the announcement of the DA rise this time could happen between October 15 and October 24. Dussehra falls on October 24 this year. That implies that there is a strong possibility of a DA rise before October 24. This time, DA is anticipated to climb by 3%. DA is currently paid to central staff at a rate of 42%. It might rise to 45 percent this time. However, central personnel are asking for a 4% boost in DA.
The benefit will extend to 47 lakh central employees
This time, starting on July 1, central personnel will receive the advantage of enhanced DA. That indicates that the government will also provide the employees with three months of DA in addition to a raised wage for October. This means that in addition to the wage, July, August, and September’s Dearness allowance arrears will also be paid. This boost will help 68 lakh retirees and almost 47 lakh central employees. The enhanced Dearness allowance is anticipated to give central employees relief from the growing inflation.
The poll Commission has released the poll timetable
for five states, including Madhya Pradesh. According to experts, this won’t have any effect on the DA increase for central staff. Actually, employees’ Dearness allowance is raised twice a year under the Seventh Pay Commission. Based on the Pay Commission’s recommendations, this is a set procedure. As a result, it has nothing to do with the Election Commission’s announcement.
Read more: Know who will be benefitted from the new RBI rules that will be in place starting in 2024?
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