Good News For Central Govt Employees – This Time DA may Raised to 4%? Major Announcement on Today? Central government employees and pensioners are expected a good news on DA hike about today. This means that, following the increase in dearness allowance announced in the month of March, central government employees who are waiting for the next dearness allowance may get an important notification.
According to the media reports, it has been informed that the announcements regarding the dearness allowance may be announced after today’s cabinet meeting. Generally, the dearness allowance is given twice in a year to central government employees and pensioners. In this way, it is said that the dearness allowance may increase by 4 percent for July too. Moreover, All India CPI-IW data for May month also confirms this information. That means the AICPI index which an important factor in determining inflation raise in the month of May.
If this index goes up further, central government employees may get 4 per cent dearness allowance. Besides, several media reports suggest that the increase could be as high as 6 percent. So far, central government employees and pensioners have been getting dearness allowance at the rate of 34 percent. More than 1.16 crore central government employees and pensioners will be benefited if the 4 per cent discount rate is announced today, as per the media reports.
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