DA Hike Announcement: An important meeting of the Union Cabinet is going to be held today under the chairmanship of Prime Minister Narendra Modi. It is believed that in this meeting, a 2 percent increase in the dearness allowance of central employees can be announced.
DA Hike Announcement: An important meeting of the Union Cabinet is going to be held today under the chairmanship of Prime Minister Narendra Modi. In this meeting, central employees can get great news. It is believed that the government can announce a 2 percent increase in dearness allowance today. It will be increased from 53% to 55%. However, if this happens, then it will be the lowest dearness allowance increase for central employees in the last 78 months.
How much will dearness allowance increase?
After the release of the All India Consumer Price Index (CPI-IW), it has been decided that DA / DR will increase by 2% from January 2025. The AICPI-IW for December 2024 stood at 143.7, taking the DA calculation to 55.98%. However, as per government rules, the number after the decimal point is not added, so it will be increased only from 53% to 55%.
This work will be done after 6.5 years
In the last few years, dearness allowance has increased at the rate of 3 or 4 percent. But for the first time in 78 months (6 and a half years) this will happen that DA will increase by only 2%. Earlier in the year 2018, dearness allowance was increased by 2 percent. Since then, only 3 or 4 percent increase has been seen continuously. This news has come as a big shock to the central employees. Actually, before the implementation of the new pay commission, the more growth there is in dearness allowance, the more benefit the employees will get. But, the 8th Pay Commission has just been announced and just after the announcement, the news of increase in dearness allowance by only 2% is coming.
How much will the salary increase with DA Hike?
If the basic salary of an employee is Rs 50,000, then after an increase of 2%, his DA will increase like this-
Salary (Basic Salary) | First DA (53%) | New DA (55%) | Increase (2%) |
₹50,000 | ₹26,500 | ₹27,500 | ₹1,000 |
₹70,000 | ₹37,100 | ₹38,500 | ₹1,400 |
₹1,00,000 | ₹53,000 | ₹55,000 | ₹2,000 |
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