The Union Cabinet, chaired by PM Narendra Modi, has approved a 3% hike in Dearness Allowance (DA) and Dearness Relief (DR) for Central government employees and pensioners, increasing DA from 50% to 53%, as reported by IANS.
This will be effective from July 1, 2024. The move, benefiting nearly 1 crore employees and pensioners, aims to mitigate inflation and provide financial relief ahead of Diwali.
Chhattisgarh also announced a 4% DA hike for state employees, effective October 1.
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