Good news for Central govt employees, pensioners: DA hiked from 31% to 34%
Business | March 30, 2022 17:34 ISTDearness Allowance (DA) has been hiked by 3 per cent by the Central government for its employees and pensioners.
Dearness Allowance (DA) has been hiked by 3 per cent by the Central government for its employees and pensioners.
The VDA is revised on the basis of the average Consumer Price Index for industrial workers (CPI-IW), a price index compiled by the Labour Bureau (an attached office of the Ministry of Labour & Employment).
With this, the DA of the employees and pensioners has been increased from 17 per cent to 28 per cent. The hiked DA will be credited in the October salary, the Chief Minister's Office (CMO) said in a statement.
The move would benefit 16 lakh government employees and pensioners and the advancement of the DA hike would entail an additional expenditure of Rs 1,620 crore for three months and for a year the expenditure shall be Rs 6,480 crore.
7th Pay Commission: With this, the new DA rate will be 28 per cent, up from 17 per cent of basic salary, and this was at par with the one being provided to Central government staffers and pensioners, Gujarat Chief Minister Nitin Patel said.
The Chief Minister appreciated the efforts of Cabinet Minister Brahm Mahindra and others in resolving the grievances of the 2.85 lakh employees and 3.07 lakh pensioners
7th Pay Commission DA hike: Uttarakhand on Wednesday announced a 28 per cent hike of dearness allowance (DA) to state government employees with effect from September.
7th Pay Commission: Uttar Pradesh Chief Minister Yogi Adityanath on Thursday announced that the state government has hiked the dearness allowance of government employees. The hike will come into effect from July 2021, the chief minister said in the state assembly.
“The finance department will soon issue a notification for the increase in dearness allowance for state government employees and pensioners," Nitish Kumar said.
This announcement to provide a financial benefit of Rs 450 crore to the employees and pensioners was made by the CM Jai Ram Thakur while presiding over a state-level function at historic Seri Manch in Mandi.
The DA revision was withheld in 2020 due to the financial stress on state coffers in the wake of the Covid-19 pandemic.
The Jharkhand government has announced a hike in dearness allowance (DA) for its employees.
The Karnataka government has ordered releasing additional installments of dearness allowance (DA) for its employees and pensioners, which it had frozen in view of the crisis arising out of the COVID-19 pandemic.
The Haryana government has announced a hike in dearness allowance (DA) for its employees and pensioners.
The Finance Ministry on Tuesday issued an order to implement the Cabinet decision to hike Dearness Allowance for central government employees to 28 per cent from July 1.
The Centre has allowed banks to use social media apps such as WhatsApp alongside SMS and email to send pension slips to pensioners after their account is credited, an official order said Thursday. The decision was taken in order to "ensure ease of living" of the pensioners.
Earlier in the day, the Central government increased the rate of Dearness Allowance (DA) and Dearness Relief (DR) after a gap of one-and-half years from 17 per cent to 28 per cent, benefiting nearly 1.14 crore employees and pensioners.
DA Hike News Update: DA is a part of the salary given to government employees and pensioners.
7th Pay Commission: The Finance Ministry has clarified that it has not issued any notice on resumption of Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) for Central government pensioners from July 2021.
All major allowances are proposed to be revised upward, with rationalisation in certain allowances, as per the recommendations of the sixth pay commission.
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