Union Cabinet Approves 3% Hike in Dearness Allowance for Central Government Employees and Pensioners

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved an additional instalment of Dearness Allowance (DA) for central government employees and Dearness Relief (DR) for pensioners, effective from July 1, 2024. This decision brings a 3% increase over the existing rate of 50% of Basic Pay/Pension, aimed at compensating for rising inflation….

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