Chhattisgarh Chief Minister Vishnu Deo Sai has announced 4 percent Dearness Allowance (DA) hike of state government employees, taking it to 50 percent of the basic salary.
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DA hike news: What can be termed as great news for the Chhattisgarh government employees, Chief Minister Vishnu Deo Sai has announced 4 percent Dearness Allowance (DA) hike of state government employees, taking it to 50 percent of the basic salary. The Central government is also likely to announce a 3 percent Dearness Allowance (DA) hike for central employees just ahead of festive season, as per reports.
Previously, it was reported that the Central government might announce the hike following the Union Cabinet meeting on October 9. However, it has now been indicated that the official declaration may come closer to the Diwali celebrations. The decision on the DA hike could be finalised in the next Cabinet meeting, scheduled just days before the festival.
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How Much Increase In Dearness Allowance (DA)?
According to the reports, there will be an increase of 3 percent in dearness allowance for central employees. Currently, they are getting 50 percent DA from January 2024. After this hike, it will become 53 percent. According to the AICPI index, the total dearness allowance has reached 53.36 percent by June 2024.
How Was the 6 Month AICPI Index?
Month | Index Data | Dearness Allowance |
January 2024 | 138.9 Points | 50.84 % |
February 2024 | 139.2 Points | 51.44 % |
March 2024 | 138.9 Points | 51.95 % |
April 2024 | 139.4 Points | 52.43 % |
May 2024 | 139.9 Points | 52.91 % |
June 2024 | 141.4 Points | 53.36 % |
How Much Salary Will Increase?
According to the 7th Pay Commission, the basic salary of Central employees at Level-1 starts from Rs 18000 to the maximum bracket of Rs 56900.
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