In a significant announcement that will bring joy to countless government employees, the central government has approved an increase in the Dearness Allowance (DA) just in time for Diwali celebrations. The decision, made during an important meeting of the Union Cabinet chaired by Prime Minister Narendra Modi, was revealed today and marks a welcome pre-festival gift for employees and pensioners alike. The Union Cabinet convened to discuss pressing issues affecting the nation, with a particular focus on the inflation allowance for central government staff.
In light of rising living costs, the Cabinet approved a 3 percent increase in DA, raising it from 50 percent to 53 percent. This adjustment will be applicable retroactively from July 1, 2024, enabling employees to receive arrears for the months of July, August, and September. This increase means that government employees can look forward to a more comfortable Diwali this year. The additional financial relief will not only benefit active employees but also pension holders who will receive the corresponding Devaluation Relief (DR).
The government typically reviews and adjusts DA and DR biannually, with increases implemented in January and July, ensuring that employees are supported against inflationary pressures. With this timely announcement, the central government aims to provide much-needed financial support to its employees, making this Diwali a sweeter occasion for millions. As news of this decision spreads, government workers across the country are gearing up to celebrate with newfound financial comfort.
