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  • DA hike in stages: Govt employees to get gradual salary benefits

DA hike in stages: Govt employees to get gradual salary benefits

Considering inflation, the government will increase DA in stages, resulting in a significant salary increase for government employees.

2 Min read
Author : Ajay Joseph
Published : Jan 02 2025, 12:54 PM IST
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19

Great news at the start of the year. DA may increase rapidly. The central government announced a DA increase for central government employees and retirees.

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29

The state government may increase the dearness allowance to provide relief to government employees from inflation.

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It is assumed that this money may be increased based on the AICPI or All India Consumer Price Index.

49

AICPI is considered as the indicator of inflation in the country. Information on this index will be available at the end of the year. Dearness allowance will be increased based on this.

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The Modi government had increased DA by three percent last October. Now, central government employees receive a total of three percent DA.

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More than 1 crore government employees will benefit from this DA increase. It has been learned that the Center may increase DA by around three percent considering inflation.

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In October, the AICPI index rose to 188.5 percent. If this index increases, the salary of pensioners and government employees will increase.

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Apart from this, those whose minimum salary is 18 thousand rupees will get an additional 540 rupees. Apart from this, those whose salary is 2 lakh 50 thousand rupees, their DA will be 7 thousand 500 rupees.

99

However, the central government has not yet taken any decision on the Eighth Pay Commission. This has been informed by Union Minister of State Pankaj Chaudhary.

Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.

 

About the Author

AJ
Ajay Joseph
With over eight years of journalistic experience, Ajay Joseph Raj. P has been a dedicated member of the Asianet Newsable team, where he serves as the Chief Copy Editor. His expertise spans Business, Career, Stock Market, National, International, and viral/trending topics, with a knack for crafting compelling narratives that connect with diverse audiences. Before joining Asianet Newsable, Ajay honed his skills at OneIndia News and Opoyi English, gaining extensive experience in delivering impactful stories across various beats.
Dearness Allowance
Indian Economy
 
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