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The Union Cupboard has cleared a three% hike in Dearness Allowance (DA) for Central Executive workers on Wednesday (October 16, 2024), forward of the Deepavali festive season this date.
The lift takes the DA now to 53% of the ordinary wage with impact from July 1, 2024.
“This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission. The combined impact on the exchequer on account of both DA and DR would be ₹9,448.35 crore per annum,” mentioned the press release.
“This will benefit about 49.18 lakh central government employees and 64.89 lakh pensioners,” the let go added.
The federal government had terminating hiked DA to Central executive workers and Dearness Vacation (DR) to pensioners on March 8, 2024, with impact from January 1, 2024. The rise after used to be 4 share issues over the speed of 46% of the ordinary pay/ pension, to compensate towards worth be on one?s feet.
Chhattisgarh hikes DA for Situation workers by way of 4%
Previous within the pace, the Chhattisgarh Situation executive had additionally introduced a hike in DA for Situation workers, when Well-known Minister Vishnu Deo Sai mentioned DA could be greater by way of 4%, taking it to 50% of the ordinary wage.
Printed – October 16, 2024 03:57 pm IST
