IDA INCREASE FROM 1-10-2024

IDA INCREASED 6.4% FROM 1-10-2024 - TOTAL 224.2%

Wednesday, 18 October 2023

CENTRAL GOVT. CABINET APPROVED CENTRAL GOVT EMPLOYEES AND PENSIONERS GET 4% DA INCREASE FROM 1-7-2023.
மத்திய அரசு 1.7.2023 முதல் 4% அகவிலைப்படி உயர்வு அறிவித்துள்ளது. இதையும் சேர்த்து மொத்தம் 46% அகவிலைப்படி 1.7.2023 முதல் கிடைக்கும்.

Posted On: 18 OCT 2023 3:24PM by PIB Delhi 

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 increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.

The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs.12,857 crore per annum. This will benefit about 48.67 lakh Central Government employees and 67.95 lakh pensioners.


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