DA Hike : Modi government has given great news to 1 crore central employees and pensioners of the country. Modi government has increased the dearness allowance of employees by 3 percent.
Now the DA of employees has increased from 50 percent to 53. Before Diwali, the government has given the gift of a bumper increase in salary to the central employees. Now the DA arrears of three months will come with the salary of the employees in the month of October. This DA will be considered effective from July 1, 2024.
Central employees will get bumper salary in October along with DA arrears
The government has increased DA by 3%. That is, now 53% of the basic salary will be given as DA. Employees’ salary for the month of October will increase. This will include DA for the month of October. Also, DA arrears for the three months of July, August and September will come together.
How much will the salary increase in October?
The government has increased DA by 3%. Now government employees will get 53% DA. For example, Rs 18,000 per month is the entry level basic income. For example, those whose basic salary is Rs 18,000, currently get Rs 9,000 DA. Now with a 3% increase, it will become Rs 9,540. That means, Rs 540 more will be received every month. Now, when three months’ DA arrears will come in October’s salary, Rs 1,620 arrears will also come with the salary.
Earlier it was announced to increase DA in March
In March this year, the government had increased DA by 4 percent, after which DA became 50%. The government reviews DA every six months. Dearness Allowance (DA) and Dearness Relief (DR) are considered applicable from 1 January and 1 July, even if it is announced later. If announced later, the government gives the arrears of the past months. For example, now DA of three months July, August and September will come with the salary of October.
Pension of pensioners will increase
There is good news for pensioners that the pension for October will increase. Three months’ DA arrears will come along with the October pension. This increase by the government will provide relief to employees and pensioners during the festive season. 1 crore government employees and pensioners will directly benefit from this.
