A Special Diwali Gift for Central Employees
The Government of India has recently raised the dearness allowance to central employees and pensioners up to 3% taking the DA figures to 53% from 50%. The move that was recently taken by the Modi government is quite welcoming for the employees because it measures the impact of inflation. The raise is given as Diwali bonus intending to help employees and retirees financially.
DA Hike Calls for Basic Salary Merger
Since the DA is now at 53% the rumour has it that the government might fold this allowance into the Public Service Basic Pay Structure. Some of the media outlets report this step could be made before the next DA adjustment, which is expected in January 2025. But to the best of the writer’s knowledge, none has been authentically certified by the powers that be on the subject.
Status of DA Today
The recent 3% increase in DA was implemented starting from 1 st of July 2024. Such goodwill has been appreciated and the matter regarding further changes may be considered earlier in next year Holi festival 2025. Whilst actors such as merging DA with basic salary could eventually prove advantageous, it seems highly improbable that this is going to happen in the short term.
Future Prospects
The central government still assesses the financial status in line with inflation for its employees and pensioners. Currently the 53% DA gives a reasonable sort of support, but the question regarding it being included into the basic pay is still in the balance. They are all expecting further improvement during the next revisions of the said statement.
