Government raises Dearness Allowance of Central Government employees by 4% to 38%

Government raises Dearness Allowance of Central Government employees by 4% to 38% DA hike latest news today: The Union Cabinet has increased Dearness allowance (DA) of the Central Government Employees by 4% taking it effectively to 38% from 34%. increased Dearness allowance (DA) will benefit over 50 lakh central government employees and 62 lakh pensioners.

  • The Union Cabinet meeting was held to hike the inflation-linked allowance for government employees and the meeting was presided over by Prime Minister Narendra Modi.

What is Dearness allowance (DA)

  • DA is a part of the salary which is calculated as a specific percentage of the basic salary which is then added to the basic salary.
  • The government usually revise the DA twice a year — January and July.
  • Union Cabinet may also extend the PM Garib Kalyan Anna Yojana for another 3 months till December.

★★★★  You Can Also Read  ★★★★

Computer Awareness Quiz Questions Set (Banking)
Read Daily Current Affairs Topic Wise
Daily Current Affairs Quiz (Current GK Test)
Static Gk Quiz Questions and Answers

📣 Prepare Exams is now on Facebook, Twitter, Instagram, YouTube Channel, and Google News to get all the latest News. Download PrepareExams

******** End ********

Leave a Comment