Giving a major relief, the central government has approved an increase of 2 percent in the dearness allowance of its employees. This decision will directly benefit millions of employees and pensioners. DA is getting 53 percent so far 55 percent It is done.
Decision taken keeping in mind inflation
This announcement of the government has come at a time when inflation in the country continues to fluctuate. The purpose of this increase is to give relief to employees from increasing inflation and to improve their salary before the 8th Pay Commission is implemented.
DA also increased in July 2024
This is not the first time the Central Government has increased DA. Before July 2024 DA was also increased by 3 percent, due to which dearness allowance increased from 50 percent to 53 percent. Now it has been reduced to 55 percent in the latest amendment.
What is dearness allowance (DA)?
Dearness allowance is a type of financial allowance, which is given to government employees and pensioners so that they can compensate for rising prices and inflation. While the basic pay is amended by the pay pay commission every 10 years, DA is adjusted from time to time on the basis of inflation index.
Pensioners will also get benefit
This increase is not limited to employees only. Pensioners It will also get direct benefit, because DA is also applied to their pension. This helps them financially in old age, which makes life a little easier.
The burden will increase on government treasury
Although this increase will provide relief to government employees and pensioners, but another aspect is also that Additional economic pressure on government treasury Will have to be done Especially when the government also has to make financial management for other schemes and projects.
DRDO opportunity to apply for jobs, salary in millions per month
The post good news for government employees! Before the 8th Pay Commission, the government announced to increase DA. Learn how much increase and when it will be implemented. First appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.