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3% DA Hike For Central Govt Staff Ahead Of Diwali

3% DA Hike For Central Govt Staff Ahead Of Diwali

3% DA Hike For Central Govt Staff Ahead Of Diwali
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17 Oct 2024 7:00 AM IST

New Delhi: The Centre on Wednesday increased the Dearness Allowance (DA) by 3 percentage points effective from July 1 this year, benefitting more than 1 crore employees and pensioners ahead of the Diwali festival.

The Union Cabinet has approved to increase Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners by three percentage points of the basic pay/pension ahead of Diwali, Union Minister Ashwini Vaishnaw said after the Cabinet meeting. The minister also offered Diwali greetings to all central government employees and pensioners. The DA/DR hike will be effected from July 1, 2024, the minister informed.

He also informed that the financial implication of this DA/DR hike is Rs9,448 crore. Earlier in March this year, the government hiked DA/DR by 4 percentage points to 50 per cent from January 1, 2024.

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