Great news for employees, 3 to 4% increase in DA will be announced soon : DA Hike News 2024

DA Hike News 2024: If you are a central employee, then a very big good news is going to be announced for you by the government. The fact is that after UPS, the government is going to announce an increase of 3% to 4% in dearness allowance soon.

If the dearness allowance of government employees is increased in this way, then it will be a matter of great relief. Apart from the existing employees, the employees receiving pension will also be given its benefit. In this way, the government can announce an increase in dearness allowance as well as relief allowance.

So in such a situation, if you are a central employee or a pensioner, then today’s article is going to be very useful for you. Through this post today, we will tell you that after UPS, when can the government give good news to its employees about increasing dearness allowance.

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DA Hike News 2024

The government is expected to announce an increase in dearness allowance to all its employees. According to sources, such information has come to light that the central government can announce the increase in this dearness allowance in the third week of September. Under this, DA will be increased from about 3% to 4%.

Here we should also inform you that earlier the central government had increased the dearness allowance by 4% in the month of March. After this, the DA of central employees had reached 50%. So after launching the Unified Pension Scheme, now the government is making its preparations regarding dearness allowance.

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Let us tell you that DA and DR are provided by the government to all its employees and pensioners. The objective of the government behind this is that all retired and existing employees do not have to face the problem of inflation.

Installments were stopped during the Corona period

Due to coronavirus, people all over the world had to face a lot of trouble. During this time the government did not provide dearness relief allowance and dearness allowance to its employees. Actually, the government did not provide the benefit of installments of 1 January 2020, 1 July 2020 and then again 1 January 2021 to the employees.

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Recently, a few days ago, Union Minister of State for Finance Pankaj Chaudhary has given information about this in Parliament. The State Finance Minister said that during that time an economic crisis had arisen due to inflation. The financial pressure on the government had increased a lot and such a decision was taken by the government to reduce that burden.

There is a constant demand for the Eighth Pay Commission

Central employees have been demanding to constitute the Eighth Pay Commission for a long time. But the government has not yet issued any information about implementing it. Looking at all this, it seems that the government is not considering the formation of the 8th Pay Commission right now.

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Here, for your information, let us also tell you that on July 30 in the Rajya Sabha, Union Minister of State for Finance Pankaj Chaudhary had also given a written reply. In this written reply, it was mentioned that the government has received two applications to bring the Eighth Pay Commission in June 2024. ‌

But the government has not yet taken any decision in this regard. Therefore, when the time comes, it is possible that the government may announce something clearly only then. Let us tell you that the 7th Pay Commission was constituted by the Central Government in the month of February in the year 2014. After this, the Seventh Pay Commission was implemented from 1 January 2016. Here we tell you that there is a rule that the Central Government has to constitute a new Pay Commission every 10 years.

How is DA calculated

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The dearness allowance provided by the government to the central employees is increased on the basis of a special calculation. Here we tell you that for this it is calculated by looking at the marks of CPI – IW. Under this, dearness allowance is calculated according to the percentage increase in the average of the last 12 months.

The central government revises the dearness allowance and dearness relief allowance every year on 1 January and then again on 1 July. But the official information regarding this is given by the government in the month of March and in the month of September or October.

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