DA Hike News Today: The Government of India recently announced a huge decision regarding central employees and pensioners. The central government has recently raised the dearness allowance for increasing the salary and pension of government employees and pensioners. If we go by the media numbers, then the central government may increase dearness allowance (DA) and dearness relief (DR) before new year. Such increase in dearness allowance by central government would benefit lakhs of employees. The gift has also been given by the Central Government for government employees and pensioners.
Earlier Increase Of Dearness Allowance And Current Status
Dearness allowance for employees will increase by the central government, which is being said to be a 4 increase in dearness allowance. Currently, the dearness allowance being paid to such employees is 50 percent. When an increase in dearness allowance comes from the central government, it will go up to 54 percent. The dearness allowance has been raised from January 2024, when it increased the dearness allowance to 50 percent.
Possibility of Eighth Pay Commission (8th pay commission)
For knowledge, the Central Government increases salary of employee on recommendation of Wage Commission. On account of this, employees constantly demand for salary hike even at the minimum level of inflation. The Seventh Pay Commission was constituted about ten years ago, and now it is expected that the Eighth Pay Commission would be constituted by the government. After this, salaries of government employees will be revised so that they can strengthen their financial condition. After formation of the Eighth Pay Commission, morale of the employees will increase.
What Benefits Does One Gets By Rise In Dearness Allowance?
The increase in dearness allowance is considered by the central government; if the government increases the dearness allowance, then it will be very beneficial for thousands of employees. The increase in dearness allowance will benefitting government employees and pensioners as they will be isolated from inflation, it will increase employees’ salary as well. Increase in dearness allowance will increase the morale of employees as well as the working efficiency of employees. It will serve as additional social security of pensioners.
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