Government Increases Dearness Allowance for Employees and Pensioners
The announcement has brought smiles on the faces of central government employees as it comes just weeks ahead of Diwali.
The announcement has brought smiles on the faces of central government employees as it comes just weeks ahead of Diwali.
The central government will raise the dearness allowance (DA) for over one crore employees and pensioners by 3 percent.
The new DA will be increased from 38 percent to 45 percent.
This important decision was made during a cabinet meeting this morning.
The announcement has brought smiles on the faces of central government employees as it comes just weeks ahead of Diwali.
The dearness allowance (DA) is extra money given to government employees and pensioners to help them cope with rising living costs.
Since prices for everyday items can go up, the government adjusts this allowance twice a year to reflect those changes.
This increase in DA is especially beneficial during the festive season when people tend to spend more on celebrations, gifts, and other expenses.
It provides them with a little more financial support when they need it most.
