The central government has reported a hike in Dearness allowance (DA) for central government employees. According to the declaration, the DA has been hiked by 3% to 34% from 31% prior. The hike reported will be compelling from January 1, 2022.
The hike in DA won’t just benefit central government representatives however will likewise help central government pensioners and family pensioners getting a pension from the central government. They will get this hike as Dearness Relief (DR).
As per the press release, “The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, has given its approval to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.01.2022 representing an increase of 3% over the existing rate of 31% of the Basic Pay/Pension, to compensate for price rise.” Dearness allowance is generally received by government employees to make up for rising inflation. The decision will now place more cash in the possession of government employees and retired pensioners.
