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DA Hike

The MSP increase is aimed at providing a safety net for farmers, amidst a "moderation" in inflation, while the DA hike is expected to benefit around 4.91 million employees and 6.48 million pensioners

Updated On: 16 Oct 2024 | 4:47 PM IST

Dearness Allowance is a crucial component of the pay structure for over 10 million central government employees and pensioners, offering protection against the effect of inflation

Updated On: 16 Oct 2024 | 1:05 PM IST

With a decade between each pay commissions, the next installment is expected to take effect from January 1, 2026

Updated On: 19 Jun 2024 | 12:55 PM IST

The hike is expected to benefit millions, including teachers, health care professionals, police personnel, administrative staff, among others

Updated On: 12 Jun 2024 | 11:19 AM IST

'This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission,' the government said in a statement

Updated On: 07 Mar 2024 | 11:35 PM IST

West Bengal Chief Minister Mamata Banerjee on Thursday announced that her government would be giving a four per cent raise in dearness allowance (DA) to all its employees from New Year's Day. Banerjee made the announcement while speaking at the inauguration of the Kolkata Christmas Carnival 2023 at Allen Park in Park Street area of the city. "I announce that all 14 lakh state government employees, teaching and non-teaching staff of all schools, colleges and universities, and employees of all statutory undertakings and parastatals and pensioners would be getting another instalment of 4 per cent DA from January 1, 2024," Banerjee said. Stating that the provision of DA is mandatory for the central government whereas it is "optional" for the state, Banerjee said that for the DA hike, her government would have to bear an additional expense of Rs 2,400 crore. "For us, DA is not mandatory but optional. Considering their well-being, we are giving this 4 per cent DA hike," she added. West

Updated On: 21 Dec 2023 | 7:40 PM IST

The last revision of the dearness allowance was undertaken on March 24, 2023, and was effective from January 1, 2023

Updated On: 18 Oct 2023 | 11:23 PM IST

Cabinet approves to increase dearness allowance by 4 per cent for all the central government employees and pensioners. The DA has been increased to 46 per cent from 42 per cent

Updated On: 18 Oct 2023 | 5:01 PM IST

The government may soon increase the DA and DR by 3 per cent for central government employees and pensioners. PM Modi can approve the proposal in a cabinet meeting

Updated On: 05 Oct 2023 | 3:00 PM IST

As per the notification of the Department of Public Enterprises, the rates of DA payable to the executives of CPSEs holding board-level posts have changed

Updated On: 13 Jul 2023 | 6:09 PM IST

The Bihar Cabinet on Monday approved new rules under which the state government will constitute a Commission for recruiting teachers in government schools. It was also decided at the Cabinet meeting chaired by Chief Minister Nitish Kumar that the government will increase the dearness allowance (DA) of the state employees and pensioners by four per cent. Earlier, the recruitment of teachers was held at panchayat, block and district levels... Under the new rule, the government will appoint teachers through a Commission, S Siddharth, Additional Chief Secretary (Cabinet Secretariat), told reporters after the Cabinet meeting. According to a senior education department official, around 1.5 lakh teachers from primary to senior secondary stages will now be appointed on the basis of the revised guidelines. Around 9,350 upgraded higher secondary schools in the state are facing an acute shortage of teachers. Under the new rule, appointments will not be made on a contractual basis. Those ...

Updated On: 10 Apr 2023 | 10:18 PM IST

The move will benefit about 4.8 million central government employees and 6.9 million pensioners. The decision will be effective from July 1, 2022.

Updated On: 28 Sep 2022 | 10:11 PM IST

The announcement of the Chief Minister will lead to a burden of Rs 1947.6 crore to the exchequer and benefit 16 lakh people including serving and retired government employees.

Updated On: 15 Aug 2022 | 7:16 PM IST

He also announced expansion of the one-kg gram (pulses) per card per family scheme for NFSA card holders, and widening income limit eligibility criteria for inclusion of beneficiaries under the act

Updated On: 15 Aug 2022 | 6:16 PM IST

This will benefit about 4.76 mn central government employees and 6.86 mn pensioners

Updated On: 30 Mar 2022 | 4:44 PM IST

The hike, which will be effective from April 1, 2021, will also result in an increase in rate of minimum wages for central sphere employees and workers

Updated On: 22 May 2021 | 1:12 AM IST

From Tata eyeing stake in e-commerce firms to bolster retail segment to World Bank declaring Covid as a catastrophe, Business Standard Brings you top news of the evening

Updated On: 15 Oct 2020 | 6:06 PM IST

PM Modi seems to have sprung the biggest surprise by announcing a Rs 20-trillion stimulus package

Updated On: 13 May 2020 | 11:41 PM IST

Former Congress chief Rahul Gandhi also slammed the government over the issue

Updated On: 25 Apr 2020 | 12:38 PM IST

The hike will be effected from 1st July 2018

Updated On: 29 Aug 2018 | 2:38 PM IST