Breaking News: Cabinet approves Dearness Allowance Hike by 3% to Central govt employees
The decision was taken in a cabinet meeting of the Union government.
The increase in Dearness Allowance or DA comes as a relief for the central government employees amid the rising prices of fuel and increasing inflation. The increase in DA was stalled due to the Covid-19 pandemic.
Cabinet approves release of an additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners, due from 01.01.2022.
— All India Radio News (@airnewsalerts) March 30, 2022
The dearness allowance is paid to the central government employees to offset the impact of inflation on the employees’ salaries. It is applicable for both employees and pensioners.
The dearness allowance that was previously given to the union government employees and pensioners was 31 percent and the 3 percent hike that was announced in the meeting to the DA to 34%. This decision is set to benefit about 50 lakh government employees and 65 lakh pensioners.
The last DA hike was given in October last year when it was increased from 28 percent to 31 percent.