DA Hike: A decision on increasing dearness allowance can be taken in the cabinet meeting chaired by Prime Minister Narendra Modi on Wednesday, October 4.
7th Pay Commission: On Wednesday, October 4, 2023, Modi government can give a big gift to central employees and pensioners before Navratri. The cabinet meeting to be chaired by Prime Minister Narendra Modi can approve increasing the dearness allowance of central employees and pensioners.
Approval may be given to increase dearness allowance
A meeting of the Union Cabinet as well as the Economic Affairs Committee of the Cabinet is going to be held on Wednesday, October 4 at 10:30 am. It is expected that in this meeting the Modi government can take a decision to increase the dearness allowance of central employees and pensioners. A decision is also expected from this cabinet meeting because the Election Commission can announce the dates of assembly elections of five states at any time. The code of conduct will come into effect after the announcement of election dates. After which it will be difficult for the government to take this decision.
Dearness allowance may increase by 3 percent
Central employees and pensioners have been waiting for the increase in dearness allowance since the month of July. The central government can increase dearness allowance by 3 percent from 42 percent to 45 percent. The decision to increase dearness allowance will come into effect from July 1. And the salary for the month of October is expected to be along with increase in dearness allowance. Arrears for the period from July to September can also be given to the central employees along with the salary for the month of October.
Gift before Navratri!
Navratri festival is going to start from 15th October and Dussehra is on 24th October. On top of that, the Election Commission can announce the dates of assembly elections anytime. Therefore, it is expected that the decision to increase the dearness allowance of central employees and pensioners can be taken on Wednesday. According to the data, this decision of the Central Government will benefit 47 lakh employees and 68 lakh pensioners. Besides, these employees will get great relief from the backbreaking inflation.
