New Delhi
The Central Government employees are expected to announce an increase in dearness allowance (DA) and inflation relief (DR), which will provide great relief to more than one crore central government employees and pensioners. The move will directly affect the salaries of the employees and the pension of retired employees. After the cabinet meeting, the possibility of an announcement of DA hike today has been considering the DA hike for a long time. Initially it was estimated that it could be announced before Holi.
But according to recent reports, Prime Minister Narendra Modi’s cabinet can take a final decision on this in its next meeting on March 19, 2025. If it gets approval, then millions of government employees and retired people across the country will get the benefit. The government is allegedly planning to increase the DA from the current 53% to 55%, ie an increase of 2%. An important part of the salary of a government employee is dearness allowance, which is revised twice a year to help in dealing with inflation. Dearness allowance is an important part of the salary of government employees, which is revised twice (January and July) to relieve rising inflation.
DA hike will be applicable in January 2025, arrears will be assessed
Since the update DA is expected to be implemented from January 1, 2025, the outstanding employees and pensioners from January to March 2025 will be paid. After a recent 3% increase in October 2024, DA has been increased from July 1, 2024 to 53%. Now everyone’s eyes are fixed on the cabinet meeting to be held on March 19, where the government will decide whether the increase should be continued at 2% or it should be further increased to give more relief.
