Dearness Allowance hike: Good news for Railway employees as Board announces 4% hike in DA. Details here
Railway Board increases dearness allowance for employees from 42% to 46% of basic pay.
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Railway Board increases dearness allowance for employees from 42% to 46% of basic pay.
Odisha Announces 4% DA Hike For Govt Employees
This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.
Ahead of Dusshera and Diwali, the union cabinet has made several announcements which were being highly anticipated by government employees and farmers.
The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.07.2023 representing an increase of 4% over the existing rate of 42% of the Basic Pay/Pension, to compensate against price rise. This…