Google News
logo
Daily Current Affairs
What percentage hike in Dearness Allowance (DA) has been approved by the Union Cabinet under the 7th Pay Commission with effect from July 1, 2022?
A)
3%
B)
4%
C)
5%
D)
7%

Correct Answer :   4%


Ahead of Diwali and Dussehra 2022, the Dearness Allowance (DA) hike announcement for Central Government Employees has been made by Union Cabinet 28th Sep 2022. Employees will get an additional 4% interest with effect from 1 July 2022.

The effective new rate of DA now would be 38%.
 
The rate of Dearness Relief (DR) has also been increased by 4% to 38% for Central Government Pensioners. The Government has decided to increase the DA rate of Central Government employees by 4%.

The additional instalment of Dearness Allowance and Dearness Relief to central government employees and pensioners will be provided with effect from July 1, 2022. The DA/DR hike will benefit about 41.85 lakh central government employees and 69.76 lakh pensioners.
 
For the last several weeks, Central Government Employees were expecting the Union government to increase their Dearness Allowance (DA) rate by 4%.

The employees of the Central Government will now get 38% of their basic salary as DA. The decision on the DA hike was taken by the Government during the meeting of the Union Cabinet led by Prime Minister Narendra Modi..

Source : Financial Express

Published On : September 30, 2022
Advertisement