DA Hike Update: Sources claim that this time also DA increase can be announced between October 15 and October 24. This time Dussehra is on 24th October. That means, there is full hope of DA hike before October 24. This time DA is expected to be increased by 3 percent.
7th Pay Commission DA Hike: If you yourself are a central employee or there is a central government employee in your family, then this news is for you. Yes, the time for increase in dearness allowance of government employees is near. The next 15 days are going to be very special for the central employees.
There is every expectation that the government will announce an increase in Dearness Allowance/Dearness Relief (DA/DR) in these 15 days. In fact, if we look at the pattern till now, the DA increase is announced in the Central Cabinet meeting held before Dussehra.
Announcement will be made between October 15 and October 24
After this, information about this is given to the media and before Diwali, the increased money is given to the central employees. Sources claim
that this time also DA increase may be announced between October 15 and October 24. This time Dussehra is on 24th October. That means, there is full hope of DA hike before October 24. This time DA is expected to be increased by 3 percent. At present, central employees are getting DA at the rate of 42 percent. This time it may increase to 45 percent. However, central employees are demanding increase in DA by 4 percent.
47 lakh central employees will be benefited.
This time the benefit of increased DA will be given to the central employees from July 1. That means, the employees will be given increased salary for October along with three months DA from the government.
That means, along with the salary, DA arrears for July, August and September will also be paid. About 47 lakh central employees and 68 lakh pensioners will benefit from this increase. The increased DA is expected to provide relief to central employees from rising inflation.
The election schedule of five states including Madhya Pradesh has been announced by the Election Commission. Experts say that this will not have any impact on the DA hike of central employees.
Actually, under the Seventh Pay Commission, DA of employees is increased twice a year. This is a fixed procedure based on the recommendations of the Pay Commission. Therefore it has nothing to do with the announcement of the Election Commission.
