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Countdown begins for 4% increase in dearness allowance

 

The countdown has begun for central government employees and pensioners to get 4% dearness allowance/dearness relief. If sources are to be believed, the proposal to increase the rates of DA/DR has been prepared. Now it will be sent for approval of the Union Cabinet. Government employees and pensioners will see the gift of increase in DA/DR rates in the November salary. An increase in dearness allowance/dearness relief may be announced before Diwali.

Last year, the Union Cabinet had approved the release of additional installment of dearness allowance and dearness relief on October 18. The rates of DA/DR came into effect from July 1, 2023. 48.67 lakh employees and 67.95 lakh pensioners of the Central Government had benefited. At present, DA/DR is being given at the rate of 50 percent. If there is an increase of four percent, then the rate of DA will become 54 percent.

Let us tell you that the central government had announced a four percent increase in DA rates on September 28 in 2022. Diwali was on October 24 that year, so the government had announced DA / DR in the last week of September. Last year Diwali was on November 12, so the government had announced the release of an additional installment of dearness allowance and dearness relief on October 18. This time Diwali can be celebrated at the end of October or on November 1. In such a situation, the Union Cabinet is likely to approve the proposal to increase the rates of DA / DR around Dussehra. In January 2024, when the DA rates were increased by four percent (likely), the dearness allowance had reached 50 percent.

muskan s

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