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The Union Cabinet has officially approved a 3% hike in the Dearness Allowance (DA) today. This increase brings the total DA to 53% of basic pay, offering crucial financial relief just ahead of the Diwali festivities.
The additional 3% hike is expected to ease the financial burden on government employees amid rising inflation. For example, an employee earning a basic salary of Rs 22,000 will see their monthly DA rise by Rs 660, bringing their total DA to Rs 11,660. This increment will significantly enhance their disposable income as they prepare for the upcoming festive season.
Pensioners will also benefit from this announcement, as the Dearness Relief (DR) will be adjusted accordingly. The DA hike is determined based on the All India Consumer Price Index (AICPI), reflecting the government’s ongoing commitment to support employees facing increasing living costs.
As the festive season approaches, this DA hike is expected to boost consumer spending and bring much-deserved cheer to central government employees and pensioners.
While discussions regarding the 8th Pay Commission continue, the government’s focus remains on addressing inflation through strategic measures like the DA increase. Today’s approval marks a significant step towards supporting government employees during challenging economic times, making the upcoming Diwali celebrations even more special.