Government likely to approve 3 % DA hike for central govt employees ahead of Diwali
PTC News Desk: The Union Cabinet is likely to consider a proposal today to increase Dearness Allowance (DA) for central government employees and pensioners, sources told India Today. If approved, the revised DA will be implemented with effect from July 1.
The hike is expected to benefit nearly one crore employees and pensioners by easing the impact of inflation on household expenses. Dearness Allowance serves as a cost-of-living adjustment provided by the government to its staff and retirees. Sources said the Cabinet is set to make the final decision during its meeting today, and once cleared, the relief will extend to both serving and retired personnel.
The hike is expected to be in line with the recommendations based on the Consumer Price Index (CPI) data for industrial workers, which forms the basis for calculating DA revisions twice a year.
DA is usually revised in January and July every year to help employees manage rising prices.
- PTC NEWS
