Business

Dearness Allowance has been hiked by 3 percent for main federal government employeesFinance Ministry has actually stated that dearness allowance (DA) for central government employees has actually been treked to 31 percent of the standard pay from 28 per cent, which would work from July 1, 2021.
This was informed through a notification issued by the Department of Expenditure on October 25, 2021, simply a week after the Union Cabinet had cleared a 3 percent hike in DA and dearness relief (DR) for pensioners.The notice said that the term standard pay means the pay drawn according to the 7th pay commission matrix and does not consist of any other type of pay like unique pay.The walking will be applicable for civilian workers as well as for those employed in defence services.





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