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The Indian government has announced a significant increase in dearness allowance (DA) and dearness relief (DR) for its employees and pensioners, respectively. The DA, a component of the salary for government employees, has been raised by 3%, bringing the total DA to 53%. This increase will be reflected in the take-home salaries of central government employees starting from October 2024. The DA hike is effective from July 1, 2024, meaning employees will receive arrears for the previous three months (July, August, and September).
Similarly, pensioners will also benefit from a 3% increase in their dearness relief, bringing the total DR to 53%. This increase will result in a higher monthly pension for central government pensioners starting from October 2024. The DR hike is also effective from July 1, 2024, meaning pensioners will also receive arrears for the past three months.
The decision to increase DA and DR is a significant step towards improving the financial well-being of government employees and pensioners. The increase in DA will provide much-needed financial relief to government employees who have been facing rising inflation. The increase in DR will also help to improve the living standards of pensioners, who are often on fixed incomes and face challenges keeping up with the rising cost of living.
The government typically revises DA and DR twice a year, in January and July. However, official announcements are made at a later date, and the increase is implemented retrospectively from the cut-off date. This means that employees and pensioners will receive the increased allowance starting from October 2024, but will also receive arrears for the period from July 1, 2024.
The increase in DA and DR is a positive development for government employees and pensioners. It will provide them with much-needed financial relief and help to improve their overall well-being. The government's commitment to providing regular increments in DA and DR is a testament to its concern for the welfare of its employees and pensioners.
Source: here’s how much extra salary, pension central government staff & pensioners will get