DA Hike News | Narendra Modi Government increased dearness allowance from 17% to 28%, was stopped from January 2020 | Central government hikes dearness allowance from 17% to 28%, benefiting 50 lakh employees and 61 lakh pensioners; The decision came into effect from July 1

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  • DA Hike News | Narendra Modi Government Increased Dearness Allowance From 17% To 28%, Was Stopped From January 2020

Mumbai2 days ago

The Modi government has given a big gift to the central employees amid rising inflation and corona epidemic. The government has increased the dearness allowance i.e. DA of central employees from 17% to 28%. Its benefit will be available only from 1 July 2021. The Cabinet Committee of Economic Affairs (CCEA) approved this decision on Wednesday.

This decision of the government will benefit more than 50 lakh central employees and 61 lakh pensioners. For this, the government will spend about Rs 34,401 crore.

Earlier, due to the Corona epidemic, the increase in DA of employees and pensioners was banned till June 2021. In such a situation, they will benefit from the latest decision. Central government employees and pensioners are yet to get 3 installments of DA. These installments were to be paid on 1 January 2020, 1 July 2020 and 1 January 2021.

What is Dearness Allowance (DA)?
Dearness allowance is a part of salary. It is a fixed percentage of the basic salary of the employee. To reduce the effect of inflation in the country, the government gives dearness allowance to its employees. It is extended from time to time. Retired employees also get the benefit of this.

How will the salary change after DA?

For this, fill your salary in the formula given below.
(Basic Pay + Grade Pay) × DA % = DA Amount

Understand in simple language, after adding the grade salary to the basic salary, the rate of dearness allowance is multiplied in that salary. The result that comes is called Dearness Allowance (DA). Now let’s understand this with an example, suppose your basic salary is 10 thousand rupees and grade pay is 1000 rupees. On adding the two, the total became 11 thousand rupees. Now in terms of the increased dearness allowance of 28%, then it is Rs 3080. By adding all your total salary came to Rs 14,080. Earlier, in terms of 17% DA, you were getting a salary of Rs 12,870. Now by increasing the DA by 11% to 28%, there is a profit of Rs 1210 every month.

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