At this time, the good news of the DA (dearness allowance) hike is awaited for central government employees. According to recent media reports, the DA hike may be announced in late September or the first week of October. It is likely to increase by 3% to 4%. If this happens, employees and pensioners may get a hike in October salary as well as arrears from July to September.
Recently, the central government announced the Unified Pension Scheme (UPS), and now another good news is expected. According to media reports, the central government may announce an increase in dearness allowance (DA) for all its employees and pensioners in late September or the first week of October. The announcement is likely to be made close to the Haryana assembly elections, where voting will take place on October 5 and the results will be declared on October 8.
When can the DA hike be announced?
The central government may announce a hike in DA around the Haryana assembly elections. This time, the DA hike may be announced before Diwali, which is usually done around this time. In the past few years, the DA hike has been announced before Diwali, but this time it may happen early.
How much can DA increase?
It is believed that the central government can increase DA by 3 to 4 per cent. This increase will benefit more than one crore employees and pensioners. DA and DR were increased by 4 per cent in March 2024, after which 50 per cent of DA and DR are currently being paid. The new announcement may increase DA for the period from July to September.
When will DA Arrears be available?
If the DA hike is announced by the end of September, then employees and pensioners may see an increase in their salary or pension in October. Along with this, the arrears of three months from July to September are also likely to be received in October.
Overall, this hike will bring significant relief to government employees and pensioners, and for this, everyone is now just waiting for the official announcement.