Union Govt Will Hike Salary for Employees. Union government have a plan to hike the Dearness Allowance (DA) for their employees from the month of July 1, 2022. Likely the Union government will release the amount of Dearness Allowance hike details in the end of the month July. To know the further details stay tuned with us guys.
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Every year the Union government revise the Dearness Allowance for twice for the employees in the months of January and July every year. For this economic year the government is ready to hike the DA. The increase of the retail inflation may hike the allowance. The government will hike 38 percent of the DA. This is the step towards the reduction of the money inflation.
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Based on the All India Consumer Price Index (AICPI) of the month July-August the decision of DA hike to 4 percent. This AICPI will give come back in March month. In last year July 2021, the Union government hiked the DA for the employees and pensioners to 28 percent and 17 percent respectively. To get the recent and important updates like these viewers should frequently check our ExamsDaily page.
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