An atmosphere like Diwali has been created before Diwali. Even before Diwali, the Narendra Modi government at the Center has given a big gift to the central employees. It has been announced to increase the dearness allowance of central government employees by three percent. With this increase, DA has now become 53 percent. Earlier in March this year, it had increased by 4 percent.
This is the second salary increase for the year 2024.
Usually the Central Government reviews the DA of employees in January and July. Earlier, on March 24, 2024, central government employees were given a gift of 4 percent increase in DA. With this increase, the dearness allowance they receive has increased from 46 percent to 50 percent. Now with the new increase it has increased to 53 percent.
DA of employees increased to 53 percent
Central government employees were currently getting 50 percent salary. Now before Diwali, the government will give the gift of three percent increase in it. The new additional benefit in DA will be available from July 1, 2024. In such a situation, the Diwali of central employees has become even brighter, because they will see a bumper increase in their salaries.
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 as per the calculation, if the basic salary of an employee is Rs 55,200, his 50% dearness allowance is currently Rs 27,600. If DA increases to 53 percent, his dearness allowance will increase to Rs 29,256. That means Rs 29,256 – Rs 27,600 = Rs. There will be an increase of 1,656.
3 months arrears will also be available
After the increase in dearness allowance by the Narendra Modi government, now central employees will also get arrears of three months. Under this, the arrears of the months of July, August and September will also be added to the October salary received by the employees. This means that they will get a huge amount on Diwali.
Notably, the DA received by government employees is calculated relative to the All India Consumer Price Index (AICPI), which tracks retail inflation over the past 12 months. With world inflationary pressures and rising costs, this decision is important for managing household budgets across the country.
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