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Central staff shocked by DA hike - this time, there will be 10% increase rather than 4% - ViralPosts

Central staff shocked by DA hike – this time, there will be 10% increase rather than 4%

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This information is helpful to you if you or a family member works for the federal government. Yes, the central staff are concerned about how much the government will raise the dearness allowance (DA) in September. This time, the central government can raise the dearness allowance for government employees by 3%, according to a PTI report. With this, it will rise from 42% to 45%.da

There are discussions to make 45%.

According to the PTI report, the central government is discussing raising the DA and Dearness Relief (DR) rate for more than one crore employees and pensioners to 45 percent. Let us inform you that the Labour Bureau, a division of the Labour Ministry, sets the DA/DR (DA/DR) rate for employees and pensioners each month based on the AICPI index.da

The government did not take the decimal point into consideration

when releasing the CPI-IW for June 2023 on July 31, 2023. All India Railwaymen’s Federation General Secretary Shiv Gopal Mishra stated that this time, we are asking for a 4% rise in dearness allowance. However, the dearness allowance has increased by somewhat more than 3 percentage points. The administration does not plan to raise DA past the decimal point. As a result, there is a chance that DA will rise by 3 to 45 percent.da

DA hike – The regulation will take effect on July 1st, 2023

Mishra added that the Finance Ministry’s Department of Expenditure will develop a recommendation for the increase in DA that considers how it will affect revenues. He will then forward the plan to the Union Cabinet for approval after that. Upon announcement, the increase in DA/DR will take effect on July 1, 2023. There are currently more than one crore central government employees and pensioners. He receives a Dearness allowance and DR at a rate of 42% of his basic salary and pension.da

On March 24, 2023, the last DA increase was made

and it became effective on January 1, 2023. The Dearness Allowance had been raised by the Central Government at that time by 4% to 42%. Let us inform you that the government increases DA/DR every six months. The dearness allowance is increased twice a year in this way.

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