New Delhi: The Union Cabinet on Wednesday cleared a 4 per cent Dearness Allowance (DA) and Dearness Relief (DR) hike for central government employees and pensioners. With this decision, the DA for central government employees will increase to 46 per cent from the existing 42 per cent.
The approved DA hike will be effective from July 1, 2023, India Today reported.
The long-awaited decision comes during the ongoing festive season and is being touted as a ‘Diwali gift’ for lakhs of central government employees and pensioners. The decision will have a positive impact on 47 lakh central government employees and 68 lakh pensioners. Central government employees will get enhanced salaries from November along with arrears for the period July-October.
For those with a minimum basic salary set at Rs 18,000, the monthly salary will jump to Rs 8,280 with 46 per cent DA as opposed to Rs 7,560 with the current 42 per cent DA.
Similarly, individuals with a maximum basic salary of Rs 56,900, who are presently receiving Rs 23,898 as part of their monthly earnings, will see their monthly earnings surging to Rs 26,174.
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