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Central govt staff may get 4% hike in DA in March

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sanskritds.com

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newsletter@sanskritds.com

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Sun, Feb 25, 2024 07:36 AM

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DA Hike: Central govt staff may get 4% hike in DA in March under 7th Pay Commission The Centre is li

DA Hike: Central govt staff may get 4% hike in DA in March under 7th Pay Commission The Centre is likely to hike the dearness allowance (DA) for central employees by 4 per cent in March. Dearness Allowance is given to government employees, while Dearness Relief (DR) is given to pensioners. The dearness allowance is revised twice a year — in January and July. The announcement is made public in March mostly. The amount of hike in DA and dearness relief (DR) is decided by the central government on the basis of the All-India CPI-IW data. The DA was last revised in October 2023, when DA was increased by 4 per cent to 46 per cent. This time, after the 4% DA hike, dearness allowance and dearness relief will increase to 50 per cent, as per news reports. The 12-month average of the Consumer Price Index for Industrial Workers (CPI-IW) stood at 392.83. As per this, DA is coming to 50.26 per cent of the basic pay. [Read more]( If you would prefer not receiving our emails, please [Click Here](

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