3% DA Hike to Central Employees and Pensioners Cleared Ahead Of Diwali

The central government has approved a 3% hike in dearness allowance for over one crore employees and pensioners, raising it to 45% just before Diwali. This increase comes as a financial boost during the festive season.

Oct 16, 2024 - 13:14
Oct 16, 2024 - 13:18
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3% DA Hike to Central Employees and Pensioners Cleared Ahead Of Diwali

The central government has approved a 3% increase in dearness allowance (DA) for its employees and pensioners, bringing the total DA to 45% from the previous 38%. The decision, benefiting over one crore employees and pensioners, was made during a cabinet meeting held earlier today.

This increase comes just weeks before Diwali, providing a significant financial boost to government employees during the festive season.

Dearness allowance is provided to government employees and pensioners to help offset the impact of rising prices. The allowance is revised twice a year and is based on the latest consumer price index for industrial workers.

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