Central Government employees may receive a 3% Dearness Allowance (DA) hike as a Diwali gift, adding joy to the festive season.
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Dearness Allowance (DA) is a salary component for government employees. It helps them manage inflation and maintain their purchasing power.
Source: PTI
The government plans to raise DA from 50% to 53%. This increase is expected to be announced before Diwali, benefiting many employees.
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Currently, DA is 50%. A 3% increase to 53% will enhance monthly salaries, providing additional financial support to employees.
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Employees will also receive arrears for previous months. This one-time payment can provide essential support for Diwali celebrations.
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The DA hike boosts employee morale and encourages spending during Diwali, contributing to economic growth and a festive atmosphere.
Source: Image: X/ Narendra Modi
For an employee earning ₹30,000, the DA hike will add ₹900 to their salary, raising it to ₹30,900. This extra amount aids festive spending.
Source: PTI
All Central Government employees and pensioners will benefit from the DA hike, which helps those on fixed incomes manage rising costs.
Source: PTI
Employee unions are concerned about slow DA adjustments. They urge the government to improve communication and transparency in the process.
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DA adjustments have occurred regularly over the years. Typically, these hikes happen twice a year to keep pace with inflation.
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