Amid COVID pandemic, here comes a piece of good news for the Central government employees. As per a report by Zee News, the Central government employees can finally breathe a sigh of relief as the government is going to increase their dearness allowance (DA) from July 1, 2021. If everything goes well and they get their DA hike, then dearness allowance will be increased by 28% from 17%, leading to an impressive hike in the salaries. Notably, over 50 lakh permanent central government employees and 65 lakh pensioners across India will be benefitted from the move of the government.
The DA is likely to be hiked to at least 4 per cent of the basic salary of a central government employee. With this hike, the total DA will reach 21 per cent. The hike in full DA could be announced on July 1, 2021.
In the wake of the coronavirus pandemic, the government had suspended the disbursement of DA at increased rates along with DR for pensioners. Suspending DA hikes for one and a half years helped the government save a total of Rs 37,530.08 crore.
(with inputs from business today and India.com/zee News)
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