Centre approves 4% hike in dearness allowance for central govt employees
Anurag Thakur said that DA for central government employees has been hiked to 46 per cent from 42 per cent, and the hike will be implemented from July 1, 2023.
The Union Cabinet on Wednesday hiked the dearness allowance (DA) for central government employees and Dearness Relief for pensioners by 4 percentage points, said I&B Minister Anurag Thakur. (File image)
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The Union Cabinet on Wednesday hiked the dearness allowance (DA) for central government employees and Dearness Relief for pensioners by 4 percentage points, said Information and Broadcasting Minister Anurag Thakur.
Anurag Thakur told reporters after the meeting of the Union Cabinet that the DA for central government employees has been hiked to 46 per cent from 42 per cent, and it will be implemented from July 1, 2023.
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The decision by the Union Cabinet will benefit 48.67 lakh central government employees and 67.95 lakh pensioners.
This increase is in accordance with the accepted formula, based on the recommendations of the 7th Central Pay Commission.
Additionally, the Centre also announced minimum support prices (MSPs) for six rabi crops of 2023-24 to be marketed in the rabi marketing season 2024-25, with the wheat MSP seeing an increase of Rs 150 per quintal or 7 per cent.