Holi gift: Govt may hike DA of employees by 4%, direct jump in salary
Holi gift: Govt may hike DA of employees by 4%, direct jump in salary

New Delhi: Holi gift for central government employees! In the next month i.e. March 2024, the Central Government can increase the Dearness Allowance (DA) of the employees by 4%. After this increase, DA of employees will be 50%.

Possibility of increase in DA

Last year, DA was increased by 4% in October 2023. After this DA increased from 42% to 46%. Now once again there is a possibility of a 4% increase in DA.

Government's decision

The government decides to increase DA on the basis of all India CPI-IW data. According to reports, the 12-month average of CPI-IW for Industrial Workers stood at 392.83. According to this, DA is coming to 50.26% of the basic salary.

How much will be the increase in the salaries of employees?

After the increase in DA, the salary of the employees will also increase. If the basic pay of an employee is Rs 18,000, then his DA at the rate of 46% is Rs 8,280. When DA is 50%, it will increase to Rs 9,000. That means his salary will increase by Rs 720.

Based on maximum basic pay

An employee drawing maximum basic pay of Rs 56,900 gets DA of Rs 26,174 at the rate of 46%. If DA is 50%, it will increase to Rs 28,450. That means the salary will increase by Rs 2,276.

Employees and pensioners will benefit

The increase in DA will benefit central government employees as well as pensioners. Pensioners get dearness relief (DR), which is equal to DA.

Awaiting government announcement

However, till now no official announcement has been made by the government regarding the increase in DA. It is expected that the government may make an announcement in this regard in March 2024.

enthusiasm among employees

There is excitement among the employees about the possibility of increase in DA. They are waiting for the government's announcement.

Also read:

  • 7th Pay Commission: Central employees will get great news next month!
  • DA Hike: 4% increase in dearness allowance of central employees, total 50% DA confirmed, know when will it be available
  • DA Hike January 2024 7th Pay commission: Central employees will now be paid dearness allowance at the rate of 50 percent from January 1, 2024.

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