DA Hike

3% DA hike from July will boost salaries and pensions for millions of central employees and pensioners.

The RBI’s Monetary Policy Committee on Wednesday kept the repo rate unchanged at 5.5% and retained a neutral stance. The committee also raised the FY26 growth forecast to 6.8%.

The Kerala government on Saturday approved another instalment of dearness allowance (DA) for state employees and teachers, and dearness relief (DR) for pensioners, Finance Minister K N Balagopal said on Saturday. The revised payments will take effect from salaries and pensions due on September 1. Staff covered under the University Grants Commission (UGC), the All India Council for Technical Education (AICTE) and medical services will also benefit, he said in a statement here. The move is expected to add about Rs 2000 crore to the state's annual spending. "This reflects the government's commitment to employees and pensioners," Balagopal said, noting that this was the second instalment cleared this year. Two instalments were also granted last year. He said the state had honoured pay revision promises despite financial strain during the Covid years, with benefits including DA paid in cash from the start of the 2021-22 financial year.

Arrears from January to May will be paid along with June salaries, says Finance Department

After coming to power in 2011, the Trinamool Congress (TMC) government, under Chief Minister Mamata Banerjee, broke the DA parity with the central government, except for officers of All-India cadres

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

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

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

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

'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

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

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

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

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

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

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 ...

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.

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.

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

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