DA of central employees increased by 4%
The government has increased the dearness allowance (DA) of central employees by 4%. This will directly benefit about 48.67 lakh central employees and 67.95 lakh pensioners. The decision on this was taken in the Union Cabinet meeting held on Wednesday.
Employees will get increased salary from November. This will also include arrears for the period between July and October. This decision will cost the government Rs 12,857 crore every year. Union Minister Anurag Thakur informed about the decisions of the cabinet.
Railway employees will get 78 days bonus
The Union Minister said that a decision has also been taken to give bonus equal to 78 days’ salary to 11,07,340 non-gazetted employees of the Railway Department. Rs 1,969 crore will be spent on this. This Productivity Linked Bonus is being given since the year 2010-2011.
Dearness Allowance is money that is given to maintain the standard of living of government employees despite rising inflation. This money is given to government employees, public sector employees and pensioners. Dearness allowance is increased twice a year.
Its calculation is done every 6 months according to the current inflation of the country. It is calculated according to the basic pay of the employees based on the respective pay scale. Dearness allowance may be different for employees in urban, semi-urban or rural areas.
