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
  • Pema Khandu sworn in as Arunachal Pradesh Chief Minister for his third consecutive term.

    Read More....
  • India unveils indigenous man-portable counter-drone system.

    Read More....
  • Madhya Pradesh CM inaugurates PM Shri Tourism air service from Bhopal.

    Read More....
  • Nar Singh and Rohini Lokhande receive lifetime achievement awards from AITA.

    Read More....
  • Peru and Slovakia sign Artemis Agreement for peaceful lunar exploration."

    Read More....
  • Sub-Lt Anamika Rajeev is Navy’s first woman helicopter pilot.

    Read More....
  • Lieutenant General Upendra Dwivedi appointed as the next Army Chief.

    Read More....
  • Malawi Vice President Saulos Klaus Chilima killed in plane crash.

    Read More....
  • Madhya Pradesh completes preparations for second cheetah habitat – Gandhi Sagar Sanctuary.

    Read More....
  • IIT Kanpur, Centre of Excellence for UAVs, and DFI launch UDAAN.

    Read More....