Diwali came early for many government employees this year as the Centre recently hiked their Dearness Allowance and increased their salary
On September 28, the Union Cabinet announced to increase in the dearness allowance (DA) and dearness relief by 4 per cent effective July 1, 2022,
Benefiting 41.85 lakh central government employees and 69.76 lakh pensioners.
The additional installment of DA and dearness relief (DR) will be an increase of 4 per cent over the existing rate of 34 per cent of basic pay/pension.
The Centre said the combined impact on the exchequer on account of both DA and DR would be Rs 12,852.5 crore per annum.
The increase in the DA and DR is based on the percentage increase in 12 monthly average of All India Consumer Price Index for the period ending June, 2022.
However, it is not just the Central government employees, but the state government employees also received a hike.
Delhi hikes DA by 4% Karnataka hikes DA by 3.75% Odisha hikes DA by 3% Rajasthan hikes DA by 4%