Dearness Allowance (DA) It is a big support for central employees and pensioners, which helps in reducing the impact of rising inflation. By the beginning of the year 2025, the government 3% increase in DA May be announced. From this DA increased from 53% to 56% There is a possibility of reaching. Let us know every information related to this change.
What is Dearness Allowance (DA) and its importance?
Dearness Allowance is a financial assistance given by the government to employees and pensioners to meet their increase in salary or pension Is available as.
Importance:
- To reduce the increasing effect of inflation.
- AICPI (All India Consumer Price Index) DA is reevaluated every January and July on the basis of Rs.
Current DA rate and possible increase
Current Status:
- Central employees and pensioners from July 2024 53%DA Are getting.
Potential Increase:
- in january 2025 3% increase DA with 56% Can reach.
Impact of DA increase
7th Pay Commission Lakhs of employees and pensioners will benefit from this increase.
Impact on salary:
- whose Basic salary ₹18,000 is, them ₹540 extra Will meet.
- whose Basic salary ₹2,50,000 is, them Increase of ₹7,500 Will happen.
Impact on pensioners:
- in their monthly pension ₹270 to ₹3,750 There will be an increase of up to.
How is DA calculated?
For Central Employees:
- DA% = [(AICPI का औसत (Base Year 2001 = 100) – 115.76) / 115.76] × 100
For Public Sector Employees:
- DA% = [(AICPI का औसत (Base Year 2001 = 100) – 126.33) / 126.33] × 100
DA announcement and effective date
- Effective date: 1 January 2025.
- Announcement: Around March 2025 (likely).
Relation of AICPI index and DA increase
AICPI (All India Consumer Price Index) DA rate is revised every 6 months based on the data of DA.
- The figures from July to December 2024 will form the basis for DA increase.
- Estimated growth: 3%.
Benefits of DA Hike
For Employees:
- Increase in salary will help in reducing the effect of inflation.
For pensioners:
- Increase in monthly pension will improve the standard of living.
Impact on government expenditure:
- The increased DA may impact the government financial budget.
