Employee News: If you are a central government employee or have a family member who is one, then this news could be extremely important for you. This news concerns the increased Dearness Allowance (DA) for employees.
Recently, the central government took a significant decision to increase Dearness Allowance (DA) by 4% for central government employees in the first week of March. Additionally, a 4% increase in DA has also been announced for pensioners. This decision has resulted in a 50% increase in DA and Dearness Relief (DR) for government employees. However, despite this announcement, employees have not yet received the increased salary for March. The announcement regarding the salary for March could be made soon.
Increase in DA Percentage
According to media reports, there is a possibility of a salary hike for employees in April, along with the likelihood of receiving arrears for the past three months. While the central government announced a 4% increase in DA in March 2024, employees have not received the increment yet. However, following the announcement of the increase in DA, the central government clarified that arrears would not be paid before the salary for March 2024.
Understanding the Difference between DA and DR
Often, people fail to understand the difference between DA and DR. Many people wonder what DA and DR mean for government employees and pensioners, respectively. DA is provided to employees by the government, while DR is given to pensioners. It is worth mentioning that this benefit is increased twice a year, first in January and then in July.
On March 7, the central government approved a 4% increase in DA. This has resulted in a 50% increase in salary for employees. This decision could benefit over one crore central government employees and pensioners. Additionally, employees’ House Rent Allowance (HRA) may also be increased.
The increase in Dearness Allowance is a significant development for central government employees and pensioners. While the announcement has been made, employees eagerly await the implementation of the salary hike and the receipt of arrears.