DA Increase Salary: The Union Cabinet led by PM Modi has today announced to increase the dearness allowance of the employees. It is being considered a gift for crores of employees of the country even before Diwali. This will increase the salary of October.
Even before the festival of Dhanteras and Diwali, the Modi government has given a gift to lakhs of employees of the country. The Union Cabinet led by Prime Minister Narendra Modi on Wednesday approved the decision to release DA. Although the Union Cabinet has taken this decision for the central employees, but as soon as the green signal is received from the Center, the announcement of increasing DA will be made in all the states of the country. Along with increasing DA by 3 percent, the Union Cabinet has also announced to give three months’ arrears to the employees.
Let us tell you that the Central Government increases the Dearness Allowance (DA) of the employees every year in January and July. This year i.e. in 2024 also, DA was increased by 4 percent in January, while the decision to increase the DA of July was taken in the meeting held today. This is the reason why this 3 percent increase in dearness allowance will be considered applicable from July itself. In this context, the employees will also be given arrears of July, August and September. How much will the salary increase
Let us tell you that the dearness allowance of the employees is decided on the basis of their basic salary. Suppose if the basic salary of an employee is Rs 40 thousand and his DA is increased by 3 percent, then his salary will increase by Rs 1,200. In this way, if his salary was Rs 60 thousand earlier by adding basic salary, dearness allowance and housing allowance i.e. HRA, then now it will be Rs 60,1200.
How much arrear money will be received
As we told you, an employee with a basic salary of Rs 40 thousand will start getting an additional dearness allowance of Rs 1,200 every month on DA increase of 3 percent. Since this increase is being considered effective from July itself, the employee will also be given arrears for the months of July, August and September. In this way, they will also get Rs 3,600 as arrears.
How much salary will come in October
As told to you, if the increase in DA is considered effective from July itself, then it will be a total of 4 months including October. In this way, in October, the employees will get an increase of about Rs 4800 from the total salary they are getting till now. This calculation has been done on such an employee, whose basic salary is 40 thousand and the salary coming in the account is considered to be 60 thousand rupees. If such employees will get DA for 4 months in October, then the total salary coming in the account will be Rs 64,800.
Gift given to farmers too
The cabinet of Modi government has also increased the MSP of crops for the Rabi season. It is being considered a decision to increase the income of farmers. The government has increased the MSP of wheat by Rs 150 per quintal. This decision will be applicable on Rabi crops for 2025-26. Wheat is considered the biggest crop of the Rabi season and crores of farmers will benefit from it.
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