The Union Cabinet, presided over by Prime Minister Narendra Modi and announced by Union Minister Piyush Goyal, has approved a 4% hike in Dearness Allowance (DA) and Dearness Relief (DR) for central government employees and pensioners, effective from January 1, 2024. This increase raises the DA and DR to 50% of basic pay and is expected to benefit approximately 50 lakh employees and 68 lakh pensioners. Additionally, the hike will result in an increased House Rent Allowance and raise the gratuity limit to 25 lakh rupees. The financial implication of this move is estimated to be Rs.12,868.72 crore per annum to the exchequer. The announcement, aligned with the recommendations of the 7th Pay Commission, comes as a pre-Holi gift for government employees.
STORY | Centre hikes DA to 50 pc of basic pay for its employees READ: https://t.co/WTli49lyPB https://t.co/HmCu5rGg4p
The Union Cabinet, presided over by Prime Minister Shri @narendramodi Ji, has given the nod to a 4% increase in Dearness Allowance for government employees and Dearness Relief for pensioners, effective from January 1, 2024. Approximately 50 lakh employees and 68 lakh pensioners…
DA, DR Hike, 7th Pay Commission Salary Hike News: 50% now! GOOD NEWS ahead of Holi - Cabinet Decision https://t.co/wMNxCr77ur
#Cabinet approves additional instalment of Dearness Allowance and Dearness Relief to Central Government employees and pensioners 4% benefit to cost Rs.12,868.72 crore per annum to exchequer Read here: https://t.co/nvIer1S5gA #CabinetDecisions
#WATCH | Cabinet approves additional instalment of Dearness Allowance and Dearness Relief to Central Government employees and pensioners 49.18 lakh employees and 67.95 lakh pensioners to benefit 4% benefit to cost Rs.12,868.72 crore per annum to exchequer #CabinetDecisions… https://t.co/QH8OvofTWy
#Cabinet approves hike in Dearness Allowance to Government employees and Dearness Relief to pensioners by 4% from January 1, 2024 Around 50 lakh employees and 68 lakh pensioners to benefit from this: Union Minister @PiyushGoyal #CabinetDecisions https://t.co/N7Ao405X2v
#Cabinet has approved the decision to hike dearness allowance for central government employees and pensioners by 4 %. ▪️Now the #DA will reach to 50%. ▪️House Rent allowance will be increased. Now gratuity limit has reached to 25 lakh rupees - Union Minister @PiyushGoyal… https://t.co/jRcmR88W5y
#WATCH | Union Cabinet approves hike in Dearness Allowance to govt employees and Dearness Relief to pensioners by 4% from January 1, 2024, announces Union Minister Piyush Goyal. https://t.co/IsWUnwBGHW
#NewsAlert | Government hikes dearness allowance by 4% for government employees
Govt hikes DA by 4 pc to 50 pc; new rate effective Jan 1, 2024: Union Minister Piyush Goyal
7th Pay Commission: DA hike cheer for central govt employees! Pre-holi gift! 4% increase in dearness allowance https://t.co/wMNxCr77ur
STORY | Mamata announces hike in remunerations of ASHA, Anganwadi workers READ: https://t.co/LX7NWcYjne (PTI Photo) https://t.co/OCl2xsHIyp