Cabinet approved 4% hike in dearness allowance to central government employees

Cabinet approved 4% hike in dearness allowance to central government employees

Daily Current Affairs / Cabinet approved 4% hike in dearness allowance to central government employees

Change Language English Hindi

Category : National Published on: March 28 2023

Share on facebook

The Centre has hiked the dearness allowance by 4 percent for all the government employees taking the total to 42 percent from 38 percent.
Centre will spend Rs 12,815 crore to fund the hike in dearness allowance, or DA, which will benefit over 1 crore employees of the central government.
This will benefit 47.58 lakh employees and 69.76 lakh pensioners.
This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.
It is revised twice a year in January and July as per government rules.
Last DA hike was announced on September 28, 2022, which got effective from July 1, 2022.
This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission. It is revised twice a year in January and July as per government rules.

Recent Post's

IAS officer Arunish Chawla was appointed as the new Revenue Secretary.
Read More....
Prime Minister Narendra Modi laid the foundation stone of the Ken-Betwa National River Interlinking Project in Khajuraho, Madhya Pradesh.
Read More....
Arif Mohammad Khan has been appointed the new Governor of Bihar, while former Army Chief VK Singh has been appointed the Governor of Mizoram.
Read More....
Karnataka's M Raghu and Haryana's Devika Sihag won the men's and women's singles titles respectively for the first time at the 86th National Badminton Championships on 24 December 2024.
Read More....
The International Cricket Council (ICC) on 24 December 2024 announced the schedule of the ICC Men's Champions Trophy 2025, which will be held from 19 February to 9 March 2025 in Pakistan and UAE.
Read More....
Maia Sandu was sworn in for her second term as President of Moldova.
Read More....
Justice G.S. Sandhwalia was appointed Chief Justice of Himachal Pradesh High Court, while Justice Narendra G. Was appointed the Chief of Uttarakhand High Court.
Read More....
Aisake Valu Eke was elected the new Prime Minister of Tonga.
Read More....
Defense Secretary launches 'Rashtra Parv' website and mobile app.
Read More....
India created history by winning the title in the ACC Women's Under-19 Asia Cup in 2024.
Read More....