Modi government gave a big gift to central employees before Diwali, DA increased by so much percent

New Delhi. Before Diwali, the Narendra Modi government at the Center has given a big gift to the central employees on Wednesday. The Central Government has announced a 3 percent increase in the dearness allowance (DA Hike) of the employees. Along with increasing DA by 3 percent, the Union Cabinet has also announced to give three months' arrears to the employees. After this increase, DA has increased to 53 percent. Earlier in March this year, DA hike of 4 percent was given.

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DA of employees 53 percent

Central employees were currently getting 50 percent DA. According to government sources, the government has given them a big gift by increasing it by 3 percent even before Diwali. The benefit of this latest increase in DA will be available from July 1, 2024. This means that the Diwali of central employees has become even brighter, because there will be a bumper increase in their salary. If seen from this perspective, the arrears for the months of July, August and September will also be given to the employees.

This is the second DA Hike of the year 2024

Generally the Central Government revises the DA of employees in January and July. Earlier, on March 24, 2024, central employees were given a gift of 4 percent DA hike. With this increase, the dearness allowance he received was increased from 46 percent to 50 percent. Now after the latest increase it has increased to 53 percent.

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Employee salary calculation

Now let us talk about how much the salary of the employees will increase after the government increases the dearness allowance by 3 percent. So according to the calculation, if the basic salary of an employee is Rs 55,200, then at present his dearness allowance at 50 percent is Rs 27,600. Whereas if DA increases to 53 percent, then their dearness allowance will increase to Rs 29,256. That means the salary of the employees will increase by Rs 29,256 – Rs 27,600 = Rs 1,656. Let us tell you here that the calculation of DA received by the employees is related to the All India Consumer Price Index (AICPI), which tracks retail inflation in the last 12 months. With world inflationary pressures and rising costs, this decision is important for the management of household budgets across the country.

How much arrears money will you get?
As we told you that an employee with a basic salary of Rs 40 thousand will start getting additional dearness allowance of Rs 1,200 every month with 3 percent DA increase. Since this increase is considered effective from July itself, the employee will also be given arrears for the months of July, August and September. In this way, he will also get Rs 3,600 as arrears.